Why India's MSME Growth Hinges On Digitalisation, Credit Access

Posted under: SMB
Date: 2025-03-26
India's MSME Growth Tied to Digital & Credit| Justo Global

The Union Budget 2025 aims to boost the growth of Micro, Small, and Medium Enterprises (MSMEs) in India by focusing on key pillars such as affordable credit, digital transformation, and supply chain resilience. It aims to reduce credit costs, simplify compliance, and promote digital integration. Infrastructure expenditure is crucial for MSME growth, and the Digital MSME Initiative enhances productivity and market competitiveness. The budget also expands MSMEs' global market access, encourages energy-efficient practices, and upskills the workforce for sustained growth.

Read more at: www.businessworld.in