It places special emphasis on education, employment generation and skill development recognising these as crucial components for sustainable economic growth and social welfare.
The Finance Minister gave a significant impetus to the MSME sector to enable them to grow and compete on the global stage. In a welcome move public sector banks have now been tasked to build inhouse capabilities to assess the MSME credit based on their digital footprint in the economy, rather than traditional modes of assessing based on assets and turnover criteria.
Realising the importance of innovation in economy, it is proposed that the government will come up with an economic policy framework that would steer next-generation reforms aimed at speeding up the economic expansion. The government also proposes to provide appropriate fiscal support for land reforms over the next three years.
Diese Geschichte stammt aus der July 24, 2024-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der July 24, 2024-Ausgabe von Business Standard.
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