Rs 2 Cr Loan for Women, SC, ST Entrepreneurs: FM
India's Finance Minister announces a Rs 2 crore term loan for 5 lakh first-time women, SC and ST entrepreneurs, along with other measures for SMEs and labor-intensive sectors in the Union Budget 2025-26.
New Delhi, Feb 1 (PTI) The government will launch a Rs 2-crore term loan for 5 lakh first-time women, SC and ST entrepreneurs, Finance Minister Nirmala Sitharaman said on Saturday.
Presenting the Union Budget for 2025-26, the finance minister also said a manufacturing mission will be set up for SME and large industries.
Besides, the government will undertake facilitation measures to enhance productivity of labour-intensive sectors, Sitharaman said.
The credit guarantee cover will be doubled to Rs 20 crore, guarantee fee moderated to 1 per cent, she added.
She also said a national institute of food technology, entrepreneurship and management will be established in Bihar.
Presenting the Union Budget for 2025-26, the finance minister also said a manufacturing mission will be set up for SME and large industries.
Besides, the government will undertake facilitation measures to enhance productivity of labour-intensive sectors, Sitharaman said.
The credit guarantee cover will be doubled to Rs 20 crore, guarantee fee moderated to 1 per cent, she added.
She also said a national institute of food technology, entrepreneurship and management will be established in Bihar.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Alstone-Textiles
- 0.20 ( -4.76)
- 171353001
- Vodafone-Idea
- 10.83 ( -2.26)
- 38535346
- Tilak-Ventures-L
- 1.01 ( -9.01)
- 34346490
- Sunshine-Capital
- 0.24 (+ 4.35)
- 30555257
- IFCI-Ltd
- 60.69 (+ 8.12)
- 28542514
MORE NEWS
© 2026 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback