Union Budget 2023 : Relief For MSMEs

Union Budget 2023 : Relief For MSMEs
  • PAN to be a common identifier for businesses
  • MSMEs: 95% of the forfeited amount of failed contracts during pandemic to be returned
  • Entity Digi locker now for MSMEs, large entities
  • ₹9,000 cr for revamped credit guarantee scheme
  • Cost of credit for MSMEs to be reduced by 1%
  • 100 labs to develop apps related to 5G services
  • Lab-grown Diamond production to be encouraged
  • 10,000 bio input resource centres to be set up
  • Coastal fishing to be promoted via PPP mode