Blog 21-Union Budget 2024-25: 10 Measures to Boost Growth for MSMEs
Union Budget 2024-25: 10 Measures taken to Boost Growth for MSMEs The 2024-25 Union Budget of India has introduced several measures to support the Micro, Small, and Medium Enterprises (MSMEs) sector. In this blog, you will get to learn about those measures including initiatives aimed at improving credit access, expanding financial support, enhancing export capabilities, and simplifying tax procedures. You’ll also discover how the government plans to boost employment, upgrade technology, and ensure quality standards in the MSME sector. Key Announcements MSMEs in Budget 2024: 1. Credit Guarantee Scheme: Through the new credit guarantee scheme, MSMEs in the manufacturing…