December 2024 recorded a substantial 24.14 crore employment registrations on the Udyam Registration Portal and Udyam Assist Platform. The Union Budget therefore serves as a potential opportunity to allocate funds, decrease lengthy loan procedures, and support all strata of the economy. To foster business growth and job creation, it is crucial to streamline regulatory frameworks, emphasizing transparency in loan approval processes and involving non-banking financial companies.
December 2024 recorded a substantial 24.14 crore employment registrations on the Udyam Registration Portal and Udyam Assist Platform. The Union Budget therefore serves as a potential opportunity to allocate funds, decrease lengthy loan procedures, and support all strata of the economy. To foster business growth and job creation, it is crucial to streamline regulatory frameworks, emphasizing transparency in loan approval processes and involving non-banking financial companies.