Empowering MSMEs and Startups for Innovation

The Union Budget 2025 introduces key measures aimed at bolstering Micro, Small, and Medium Enterprises (MSMEs) and startups, recognizing their crucial role in driving employment and economic growth in India.

- CS Amit Kumar Jain

These initiatives focus on financial support, technology adoption, tax relief, and innovation, with a view to enhancing the competitiveness and sustainability of these sectors.

Financial Support for MSMEs

New financing schemes are introduced to provide MSMEs with affordable and accessible credit. A dedicated fund will ensure easier access to working capital and investment at lower interest rates. Additionally, the government is extending credit guarantee schemes to protect lenders and encourage loans to MSMEs, while also enhancing the interest rate subsidy on loans.

Promotion of Tech Adoption