Budget 2024-25: Limits of Mudra Loans for MSMEs to be Enhanced to Rs. 20 Lakhs

The increase in Mudra loan limits to Rs. 20 lakhs as part of the Union Budget 2024-25 marks a significant step towards strengthening the MSME sector.
By Manu Sharma - On July 23, 2024 12:13 pm - 2 mins read
Budget 2024 - 25 - Limits of Mudra Loans - MSMEs - Enhanced - 20 Lakhs - taxscan

In a significant move aimed at boosting the micro, small, and medium enterprises ( MSME ) sector, the Union Finance Minister Nirmala Sitharaman announced an enhancement in the limits of Mudra loans from Rs. 10 lakhs to Rs. 20 lakhs. This announcement came as part of the Union Budget 2024-25, which was presented on July…

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