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Budget 2025: MSME definition revision a 'good decision,' says India Inc; seeks more 'aha moments' for ease of doing business

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Experts have hailed certain measures announced in the Budget aimed at supporting MSMEs and exports; however, they are advocating for further streamlining of processes that can enable ease in customs and regulatory updates.
The article discusses the anticipation and reactions from India Inc. regarding the upcoming Union Budget 2025, particularly focusing on the revision of the MSME (Micro, Small, and Medium Enterprises) definition. Industry leaders have welcomed the government's decision to revise the MSME definition, seeing it as a positive step towards enhancing the ease of doing business. They are hopeful for more "aha moments" or significant policy changes that could further simplify business operations, reduce compliance burdens, and provide better access to finance and markets for MSMEs. The article highlights expectations for policy measures that would foster growth, innovation, and competitiveness among small businesses, thereby contributing to the overall economic development of the country.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/economy/budget-2025-msme-definition-revision-a-good-decision-says-india-inc-seeks-more-aha-moments-for-ease-of-doing-business/ar-AA1yIYcy ]