Budget 2024 Key Highlights : Announcements for
MSMEs
New mechanism for facilitating continuation of bank credit to MSMEs during their stress period
Limit of Mudra
loans
increased from ₹10 lakh to ₹20 lakh
Turnover threshold of buyers for mandatory onboarding on
TReDS
platform to be reduced from ₹500 crore to ₹250 crore
Financial support for 50 multi-product food irradiation units in MSME sector
E-Commerce
Export Hubs to be set up in PPP mode to enable MSMEs and traditional artisans to sell their products in international markets
Learn more