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MSME sector holds potential to act as a transformative agent for addressing income inequality: Manjhi

Economic Times LogoEconomic Times2d ago

MSME sector holds potential to act as a transformative agent for addressing income inequality: Manjhi - Economic Times

Quick Summary:

Budget 2025 will have measures to address MSMEs’ pain points and banks must shun hesitation to lend to MSMEs, said Jitan Ram Manjhi, Union Minister for MSME.

He said the government is taking special efforts to use the reach and potential of the small businesses to enhance income levels, reduce income inequality, and position MSMEs as a driving force behind India’s economic growth.

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Article Details

Author / Journalist: Shariq Khan

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-29 @ 13:01:22 (2 days ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1404 words

Reading Time: 8 minutes read

Sentences: 35 lines

Sentence Length: 41 words per sentence (average)

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

Copyright Owner: © Economic Times

News ID: 25600502

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Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 16 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 3 hours ago

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Publisher ID: #84

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