This research investigates the longitudinal influence of the Pradhan Mantri Mudra Yojana (PMMY) on fostering grassroots entrepreneurship and technological innovation within the urban and semi-urban landscapes of Pune City, Maharashtra. By synthesizing a decade of archival data and scholarly discourse from 2015 to 2025, the study maps the structural transition of micro-enterprises from survival-based activities toward the "Vikasit Bharat 2047" paradigm. The analysis reveals a significant evolutionary shift, particularly post-2022, where credit accessibility has catalyzed the adoption of green technologies and digital automation among micro-units. Utilizing a Systematic Literature Review (SLR) methodology, the findings highlight a 12% increase in the transition from Kishore to Tarun loan categories within the Pune industrial belt, indicating a strengthening of the entrepreneurial middle class. However, the study also identifies a persistent "Digital Divide" in semi-urban fringes that threatens inclusive growth. The research concludes that for India to achieve its developed nation status by 2047, PMMY must evolve into a "Credit Plus" framework, integrating financial assistance with localized technical mentorship and cluster-based monitoring. This synthesis provides a strategic roadmap for leveraging micro-finance as a primary driver of national industrial self-reliance and global competitiveness.
Ronkhede et al. (Tue,) studied this question.