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
Categories: Union Budget 2023