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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