New scheme for 5 lakh women, SC and ST first-time entrepreneurs to provide term-loans up to Rs 2 cr in the next 5 years announced
Customised credit cards with Rs 5 lakh limit for micro-enterprises registered on Udyam portal, 10 lakh cards to be issued in 1st year
Investment and turnover limits for classification of all MSMEs to be enhanced to 2.5 and 2 times, respectively
Focus product scheme announced to facilitate employment for 22 lakh persons, generate a turnover of Rs 4 lakh cr and exports of over Rs 1.1 lakh crore
Finance Minister Nirmala Sitharaman announced the government's plan to transform India into a large logistics organisation with 1.5 lakh rural post offices. Presenting her eighth straight budget, Sitaraman said India Post will be transformed into a large public logistic organisation with 1.5 lakh rural post offices to become a catalyst for the rural economy
Support to states for infrastructure - Outlay of Rs 1.5 lakh crore proposed for the 50-year interest-free loans to states for capital expenditure and incentives for reforms
Sitharaman announced five-year cotton mission to work on improving productivity and promoting extra-long staple cotton varieties, supporting India's integrated 5F vision for the textile sector
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