Karan Sehdev highlights the crucial role of MSMEs in India's economy, contributing significantly to manufacturing (36%) and exports (45%). The Union Budget 2025 reinforces the government's commitment to empowering MSMEs through initiatives promoting scale, innovation, and global competitiveness. Key aspects include driving employment (employing 7.5 crore people), enhancing export competitiveness via export credit facilitation and trade agreements, improving financing inclusion through schemes like CGTMSE and ECLGS, and promoting sustainability and digital transformation with initiatives supporting renewable energy and digital payments.
Karan Sehdev highlights the crucial role of MSMEs in India's economy, contributing significantly to manufacturing (36%) and exports (45%). The Union Budget 2025 reinforces the government's commitment to empowering MSMEs through initiatives promoting scale, innovation, and global competitiveness. Key aspects include driving employment (employing 7.5 crore people), enhancing export competitiveness via export credit facilitation and trade agreements, improving financing inclusion through schemes like CGTMSE and ECLGS, and promoting sustainability and digital transformation with initiatives supporting renewable energy and digital payments.