In Union Budget 2025, Finance Minister Nirmala Sitharaman unveiled a new scheme providing term loans of up to Rs 2 crore to first-time borrowers, with a focus on women and SC/ST communities. This initiative aims to promote inclusive economic growth by supporting these groups. Prime Minister Modi also praised the scheme, highlighting its support for new entrepreneurs. Furthermore, the budget introduces health benefits for Gig Workers, who will be registered on the e-Shram portal for the first time, marking a key step towards empowering the new-age economy.
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