Vikas Gawri

Vikas Gawri

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Vikas Gawri
Vikas Gawri
February 1, 2025 at 07:22 AM
🚨BUDGET BIG BREAKING Easier Loan Access for MSMEs ▶ Significant expansion of credit guarantee cover for MSMEs: • Micro and Small Enterprises: Increased from ₹25 crore to ₹10 crore, enabling additional credit of ₹21.5 lakh crore over the next five years • Startups: Increased from ₹10 crore to ₹20 crore, with the guarantee fee reduced to 1% for loans in 27 focus sectors ▶ Customized Credit Cards for Micro Enterprises (registered on the Udyam Portal): • Credit limit of ₹25 lakh • 10 lakh cards to be issued in the first year

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