Union Budget 2024: Govt increases limit of MUDRA loans from Rs 10 lkh to Rs 20 lkh
In the Union Budget 2024 presented by Finance Minister Nirmala Sitharaman, several significant initiatives were unveiled aimed at boosting economic growth and addressing key developmental challenges. Sitharaman announced the doubling of the limit ...
By ET Online | Updated:
Budget 2024: From MUDRA loans to Credit guarantee schemes, FM Sitharaman announces plans for MSMEs
Finance Minister Nirmala Sitharaman on Tuesday while presenting the Union Budget 2024 increased the limit of MUDRA loans from Rs 10 lakh to Rs 20 lakh.
FM said the government will launch the scheme to provide internship opportunities to 1 crore youth in top 500 companies over the next five years.
Further, the Centre will also promote investment-ready industrial parks in 100 cities, the finance minister added.
The government will facilitate dormitory-type rental housing for industrial workers in public-private partnership (PPP) mode.
Sitharaman also announced that the government will launch auction of the first offshore mining blocks and will set up Critical Mineral Mission to acquire assets overseas.
She also said Rs 20,000 crore will be allocated for highways in Bihar.
FM said the government will launch the scheme to provide internship opportunities to 1 crore youth in top 500 companies over the next five years.
Further, the Centre will also promote investment-ready industrial parks in 100 cities, the finance minister added.
The government will facilitate dormitory-type rental housing for industrial workers in public-private partnership (PPP) mode.
Sitharaman also announced that the government will launch auction of the first offshore mining blocks and will set up Critical Mineral Mission to acquire assets overseas.
She also said Rs 20,000 crore will be allocated for highways in Bihar.
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Budget 2024: From MUDRA loans to Credit guarantee schemes, FM Sitharaman announces plans for MSMEs
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