New Delhi [India], February 3: Startup Policy Forum (SPF) members - leading startup founders and CEOs across sectors - have unanimously lauded the budget as a "game-changing catalyst" for the Indian economy and ecosystem, calling it a transformative moment that spurs innovation, fuels consum
Mumbai (Maharashtra) [India], February 3: India Credit Opportunities Fund II (ICOF II), the second performing private credit fund of Modulus Alternatives has been awarded CARE AIF 1 grading by CareEdge Analytics & Advisory, a subsidiary of CARE Ratings Ltd.
"I thank PM Modi and (Union) Finance Minister from the bottom of my heart, this is such a budget where every category has been taken care of. This is such a budget in which there are schemes for long term development, this is a budget to make India self-reliant," Chouhan told reporters wh
Congress President Mallikarjun Kharge launched a sharp attack on Aam Aadmi Party (AAP) convener Arvind Kejriwal ahead of the Delhi Assembly elections on Sunday, accusing him of betraying Delhi voters and attempting to tarnish the image of the Congress party.
One of the most significant announcements is the issuance of 10 lakh credit cards to micro-enterprises, each with a limit of Rs 5 lakh. Industry leaders believe this move will enhance financial inclusion and ease liquidity challenges for small businesses.
"I appreciate the first budget of the non-stop third term of the government. This budget is for the poor, youth, farmers of the nation, empowerment of women, employment of youth... This will provide benefits and new employment opportunities to the agriculture sector and industry of Haryana..
The government is also going to launch the 'Pradhan Mantri Dhan-Dhanya Krishi Yojana,' to help increase crop productivity in over 100 districts which have the lowest productivity in the nation. According to the minister, this initiative will benefit over 1.7 crore farmers.
In a major push to strengthen the Micro, Small, and Medium Enterprises (MSME) sector, the Union Finance Minister in budget 2025 announced an increase in investment and turnover limits for classification of MSMEs.
She said, "Kisaan Credit cards facilitate short-term loans for 7.7 crore farmers, fisherman and dairy farmers. The loan limit under the modified Interest subvention schemes will be enhanced from Rs 3 lakh to Rs 5 lakh for loans taken through KCC."
The Union government has introduced the PM Dhan Dhanya Krishi Yojana, a new initiative aimed at improving agricultural conditions in 100 districts that have low productivity, moderate crop intensity, and below-average access to credit.
Prime Minister Narendra Modi has shared some of the "interesting data points" from the Economic Survey 2024-25, that was tabled in the Parliament on Friday.