Finance Minister Nirmala Sitharaman has hinted at announcing measures to boost Micro, Small, and Medium Enterprises (MSMEs) in Budget 2024, which are a crucial part of the country’s growth engine. Relief for MSMEs is expected to particularly enhance growth in defense, electronics, and electric vehicle (EV) manufacturing.
A day before the Union Budget 2024 presentation, Prime Minister Narendra Modi stated, “This budget is a significant one for the Amrit Kaal. The next five years will shape our journey, laying the foundation to fulfill the dream of a developed India by 2047.
