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How the Budget can make India's 63 million small businesses contribute to a higher GDP growth

Economic Times LogoEconomic Times7h ago

How the Budget can make India's 63 million small businesses contribute to a higher GDP growth - Economic Times

Quick Summary:

The MSME sector has the potential to contribute 40% to GDP by 2030 with the right investments and reforms.

Factoring in this key segment in Budget 2025 policy measures will be the need of the hour.

Factoring in this key segment in Budget 2025 policy measures will be the need of the hour.iStockThe right policy initiatives and support in the Budget can help to bolster India’s 63 million MSMEs.

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Article Details

Author / Journalist: Neha Dewan

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-20 @ 10:32:50 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1316 words

Reading Time: 8 minutes read

Sentences: 32 lines

Sentence Length: 42 words per sentence (average)

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

Copyright Owner: © Economic Times

News ID: 25276045

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About Economic Times

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Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 4 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 7 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

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