Budget 2025: A big announcement has also been made in this budget especially for women and SC/ST entrepreneurs. The Finance Minister said that the government will provide loans up to Rs 2 crore for 5 lakh women and SC/ST entrepreneurs. This will provide financial assistance to entrepreneurs of these sections to start their business.
This step has been taken to empower women and backward classes economically. This will give them an opportunity to run their enterprises and take a strong step towards economic self-reliance. This initiative will not only create opportunities for these sections of the society, but will also prove to be important for the entire Indian economy.
future of the startup ecosystem in India
India has created a strong ecosystem for startups in the last few years, and through this budget, the government has taken steps towards strengthening it even more. Through a fund of Rs 10,000 crore and loan facility for women and SC/ST entrepreneurs, the government has ensured that every section gets equal opportunities.
The startup sector is not only playing a vital role in job creation but has also become a leader in innovation and technological development. This new financial support will help Indian startups stay competitive globally and will contribute significantly towards establishing India as a global entrepreneurship hub.
Budget 2025 New Tax Regime: Gift to the middle class, announcement of new tax regime