India's Finance Minister announced support for MSMEs, citing their importance in job creation.

Finance Minister Nirmala Sitharaman assured that Prime Minister Narendra Modi's government will support all micro, small, and medium enterprises (MSMEs), highlighting their critical role in job creation and the economy. At the 'National MSME Cluster Outreach Programme,' she announced that the Small Industries Development Bank of India will open 25 branches in MSME clusters to improve access to loans. The number of registered MSMEs has significantly increased from 2023 to 2024.

November 09, 2024
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