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Budget 2025: MSME investment, turnover limits raised to 2.5 and 2 times

Business Standard LogoBusiness Standard8h ago

Budget 2025: MSME investment, turnover limits raised to 2.5 and 2 times - Business Standard

Quick Summary:

Currently, over 1 crore registered MSMEs, employing 7.

Increasing the limit will bring more industries under the present scheme, improving the financial health of micro and small industries,” said D P Goel, co-chair, MSME Committee, PHD Chamber of Commerce and Industry.

It will facilitate easy access to export credit, cross-border factoring support, and assistance to MSMEs in tackling non-tariff measures in overseas markets,” Sitharaman said.“The Export Mission (allocation of Rs 2,250 crore) could not have come at a better time, especially when there is huge potential for Indian B2B and e-commerce exports worldwide.


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Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-01 @ 19:20:02 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 679 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25695476

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Official Website: business-standard.com

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News Last Updated: 2 hours ago

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