Union Budget 2025: Govt To Introduce Customised Credit Cards for Micro Enterprises, Announces Finance Minister Nirmala Sitharaman
Nirmala Sitharaman said the government will introduce customised credit cards with an INR 5 lakh limit for micro-enterprises.
In the Union Budget 2025 presentation, Finance Minister Nirmala Sitharaman announced various changes related to the micro, small, and medium enterprises (MSMEs) sector. Nirmala Sitharaman said the government will introduce customised credit cards with an INR 5 lakh limit for micro-enterprises. "The government will also increase credit guarantee cover for MSMEs to improve credit access," Sitharaman added. Union Budget 2025–26 Speech: India World’s Fastest Growing Economy on Way To Become Viksit Bharat, Says FM Nirmala Sitharaman (Watch Video).
Customised Credit Cards for Micro Enterprises
Making it Easier for MSMEs to get Loans
Credit guarantee cover for MSMEs to be significantly enhanced
Customized Credit Cards for Micro Enterprises to be introduced#ViksitBharatBudget2025 #Budget2025 #UnionBudget2025 pic.twitter.com/mLJTmKKnPt
— Ministry of Finance (@FinMinIndia) February 1, 2025
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(The above story first appeared on LatestLY on Feb 01, 2025 11:39 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).