Inclusive growth for all

Viksit Bharat accelerates India's progress, creating opportunities for underrepresented groups with enhanced support for MSMEs, skill development, and access to credit, shaping a thriving economic landscape

In today's time, the world is rushing towards a technological future where artificial intelligence becomes the central focal point of the global narrative. The goal of Viksit Bharat, as envisioned by our honourable Prime Minister Narendra Modi, takes into account to inspire our youth, particularly those from traditionally underrepresented groups such as SC/ST communities, women, differently-abled individuals, ex-servicemen, and economically disadvantaged citizens, to consider entrepreneurship as a viable career path.

The Entrepreneurship & Skill Development programme's vision extends beyond mere business creation. This reflects a strategic approach to addressing unemployment while simultaneously driving economic growth and fostering innovation at the grassroots level. Along with that, there is a wave of joy in the MSME sector with the announcement of the Credit Guarantee Scheme, which offers up to ₹100 crore in collateral-free loans for machinery, directly addressing the critical challenge of access to affordable credit and empowering businesses to invest in advanced technology and enhance their productivity. This democratization of credit is poised to benefit a vast number of small and emerging businesses. It is these businesses that will channel innovation at the root level and will provide a rapid trickle-down effect of wealth creation.