India's stability fuels global growth, says PM Modi in post-Budget webinar

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India's stability fuels global growth, says PM Modi in post-Budget webinar - Business Standard

Quick Summary:

He called for industry collaboration in policy formulation and implementation, ensuring that India maximises the potential of the Budget to drive economic expansion.

To further support MSMEs, the Budget has "doubled the loan guarantee cover to Rs 20 crore" and introduced customised credit cards with a limit of Rs 5 lakh for working capital needs.

Amid global political uncertainty, Prime Minister Narendra Modi on Tuesday said that India is widely regarded as a key growth hub.