Raghunandan Saraf, Founder & CEO of Saraf Furniture said, "Before introducing Budget 2024-25, the nation must address the unique market demands of the MSME sector, which accounts for 30 per cent of Indian GDP and employs more than 110 million people. The current outstanding credit in the industry appears to be Rs 17-18 lakh crore, and the credit needed is about Rs 20- 25 lakh crore to unlock the growth opportunity in the industry.

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Budget Bonanza or Business Blues? What MSMEs Expect from Budget 2024-25 | Times Now
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Budget Bonanza or Business Blues? What MSMEs Expect from Budget 2024-25 | Times Now

Budget Expectations: The budget for fiscal year 2024-25 is just around the corner. Here are the expectations of the MSMEs sector from the upcoming budget. , Budget 2024 News - Times Now