Interim Budget Reaction: InsuranceDekho

1 Feb 2024 , 04:48 PM

“The government’s commitment to a ‘Viksit Bharat’ and the vision for a prosperous India by 2047, reflects a broader vision for fostering prosperity and inclusivity in India. The budget has provided a significant boost to the agricultural sector and focussed on cultivating a thriving environment for the startup ecosystem. The crop insurance will offer farmers direct financial assistance, fostering awareness and growth in rural India. The emphasis on offering adequate financial help to MSMEs will pave the way for small enterprises to grow, generate employment and compete globally. The interim budget further supercharges entrepreneurship, granting 43 crore loans worth INR 22.5 lakh crore through initiatives like Fund of Funds, Startup India, and Startup Credit Guarantee Schemes.”