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Assocham recommends reducing bureaucratic hurdles along with strengthening of social safety net for vulnerable sections.
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With growing concerns over loan repayment failures, the centre aims at increasing MSMEs NPA classification period to 180 days
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The first pre-budget meeting took place on 19 June chaired by the Union Finance Minister Nirmala Sitharaman
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The session focused on gathering vital inputs from representatives of the Micro, Small, and Medium Enterprises (MSME) sector for the forthcoming General Budget 2024-25
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The session focused on gathering vital inputs from representatives of the Micro, Small, and Medium Enterprises (MSME) sector for the forthcoming General Budget 2024-25
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The forthcoming full-fledged Budget, likely to be presented in the second fortnight of July, is widely anticipated to outline the economic vision of the Modi-led Government for the next five years
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On Sunday, Sitharaman became the first woman to be sworn in as a minister for the third consecutive term under the Modi government.
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Sitharaman also referred to the growing interest of both domestic and foreign investors in Indian stock markets and noted the significant increase in retail in demat accounts from 2 crore to 15.1 crore, with 3.6 crore added in just the past year.
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