Blog Post
BACK TO HOME
Budget 2021 – Highlights for MSMEs

Budget 2021 – Highlights for MSMEs

The year 2020 brought a pandemic, disruption and destruction. The Covid-affected MSME sector has since been looking for respite in the Union Budget 2021-22. Let’s discuss some of the several measures introduced by Finance Minister Nirmala Sitharaman.

Stand-up India Initiative:

Budget 2021 has reduced the requirement for margin money from 25% to 15% under the Stand-up India initiative. Agri-allied activities are now set to be eligible for funding under the scheme.

Want complete access to this blog?

Growing a salon business in today’s competitive landscape requires effective salon advertising strategies that are both creative and practical. For salon owners, standing out in the beauty industry ...

In India, women-owned businesses are growing fast. Women entrepreneurs now run about 20.5% of small and medium businesses (MSMEs), showing huge potential to create jobs and grow the economy. By workin...

In February 2024, Facebook users in India made up a staggering 38.9% of the country’s population, proving the platform’s reach and influence in India’s digital space. For fashion brands looking ...

Bulk selling in India offers a great way to grow your business, letting you sell large quantities to reach a wider audience. Wholesale can be especially profitable if you choose the right products and...

In India, around 1.57 crore businesses are led by women, making up 22% of the entrepreneurial landscape. Yet, with the right support and resources, this number has the potential to increase to 3 crore...

Leave a Reply

Your email address will not be published. Required fields are marked *