Introduction
Micro, Small, and Medium Enterprises (MSMEs) are crucial to India’s economy, contributing nearly 30% to GDP and generating over 110 million jobs. The Union Budget 2025 aims to strengthen this sector with reforms to enhance financial access and reduce regulatory constraints. Key initiatives include customized credit cards for MSMEs, increased credit limits, and support for startups. Revisions in MSME classification thresholds will provide broader access to government schemes. The budget also emphasizes infrastructure improvement and technology adoption, including digital tools training, to foster sustainable growth and competitiveness. Effective implementation will be essential for success.