Budget 2024 LIVE updates: MSME sector’s expectations from budget
MSMEs in sectors like automotive, electronics, industrial, and electrical machinery, and chemicals, require the reduction of risks in capital flows, consultancy firm Deloitte tells Mint.
“We anticipate a budget that prioritises financial inclusion and ease of doing business, fostering a conducive environment for growth. Measures such as simplified regulatory procedures and reduced compliance burdens can empower startups and MSMEs, promoting a more agile and competitive landscape,” Rohit Arora, CEO and co-founder, Biz2X and Biz2Credit, tells Mint separately.