Budget 2021: Here’s everything for startups and MSMEs FM Sitharaman announced in the first digital budget
Indian Union Budget 2021-22: Finance Minister Nirmala Sitharaman in her third budget speech on Monday announced a handful of measures to boost the startup and MSME ecosystems that were seeking game-changing reforms to accelerate their growth back to the pre-Covid era and leverage the Covid-induced tailwinds for digital growth. The announcements in the post-pandemic and the first digital budget ever largely catered to small businesses with respect to ease of doing businesses, insolvency process, even as it relaxed norms around setting up businesses and incentivising funding for startups. Below is the rundown of what all Sitharaman offered to startups and MSMEs in the budget:
