Policy focuses on easier credit access and simplified compliance for small enterprises.
The central government has announced a new policy aimed at strengthening the Micro, Small and Medium Enterprises (MSME) sector. Officials said the initiative will improve access to credit, reduce regulatory complexity, and support business expansion.
Under the revised framework, small businesses will benefit from faster loan approvals and digital compliance systems designed to reduce paperwork. The policy is expected to encourage entrepreneurship and improve employment opportunities across multiple sectors.
Industry representatives welcomed the move, stating that improved financial support could help small businesses scale operations more efficiently.

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