Budget: Top 10 announcements: Cheer for farmers, women and gig workers
The Finance Minister said the Union Budget 2025-26 continues efforts to accelerate growth and provide inclusive development
1. Budget 2025-2026 focusses on four key areas – women, youth, farmers, and the poor.
2. Investment and turnover limit for classification of MSMEs enhanced.
3. India Post to be transformed into a large public logistics organization with 1.5 lakh rural post offices to become catalyst for rural economy.
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4. Government to enhance credit guarantee cover for MSMEs to improve credit access.
5. Fund of funds for start-ups to be set up with ₹10,000 crore contribution from the government.
6. The government to launch ₹2 crore term loan to 5 lakh first-time women, SC, and ST entrepreneurs.
7. To promote footwear and leather sectors, a focussed scheme will be launched.
8. Manufacturing mission to be set up for SME and large industries.
9. Social Security Scheme for over 1 crore gig workers
10. 10,000 additional seats will be created in Medical colleges across the country.