Govt provides Rs 15700 crore for MSME sector

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Union Finance Minister Nirmala Sitharaman has made a provision of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises (MSME) sector in the Union Budget 2021-22. We have taken a number of steps to support the MSME sector in this budget. I have provided Rs 15,700 crore more than double the previous year, said Sitharaman while presenting the Union Budget in the Parliament. The Union Budget 2021-22 proposals rest on six pillars: Health and well-being, physical and financial capital and infrastructure, inclusive development for aspirational India reinvigorating human capital, innovation and R & D, minimum government and maximum governance.

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