India plans to boost rural economy by transforming India Post and adding 150,000 rural post offices.
India's Finance Minister Nirmala Sitharaman announced plans to transform India Post into a major public logistics organization by establishing 1.5 lakh rural post offices to boost the rural economy. The budget also includes measures to enhance credit access for MSMEs, set up a urea plant in Assam, and increase investment and turnover limits. These initiatives aim to support economic growth and rural empowerment under Prime Minister Modi's leadership.
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