In the interim budget 2024-2025, a Rs. 1 lakh crore (US$ 11.99 billion) corpus was announced, offering 50-year interest-free loans. This initiative encourages MSME registered companies in India to drive innovation in sunrise sectors. The MUDRA loan limit for MSMEs was also increased to Rs. 20 lakh (US$ 23,977) for those with successful repayments. Top MSME companies in India like Mohindra Fasteners Limited and Line O Matic Graphics Industries are already reaping benefits. Learn more about schemes supporting MSMEs on the India Brand Equity Foundation website at https://www.ibef.org/industry/msme/showcase
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Government Schemes Supporting MSME Companies in India

Lastet opp 1 år siden

In the interim budget 2024-2025, a Rs. 1 lakh crore (US$ 11.99 billion) corpus was announced, offering 50-year interest-free loans. This initiative encourages MSME registered companies in India to drive innovation in sunrise sectors.

The MUDRA loan limit for MSMEs was also increased to Rs. 20 lakh (US$ 23,977) for those with successful repayments. Top MSME companies in India like Mohindra Fasteners Limited and Line O Matic Graphics Industries are already reaping benefits.

Learn more about schemes supporting MSMEs on the India Brand Equity Foundation website at https://www.ibef.org/industry/msme/showcase

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