The 2024 Union budget introduced a comprehensive package that includes financing, regulatory changes and technological support.

By Lakshmi Venkataraman Venkatesan 

Following Finance Minister, Ms Nirmala Sitharaman’s Budget announcement, micro, small, and medium enterprises (MSMEs) are now breathing a sigh of relief as it has introduced several measures aimed at bolstering this sector, a cornerstone of the Indian economy. While the intent and strategy is commendable, a comprehensive analysis is essential to assess the effectiveness of these initiatives and their potential impact on the ground in the coming year…read more