“Overall, government is trying to take steps towards the welfare of the businesses. Pension schemes and loan to Gst registered Businesses will add up in the growth of smaller businesses. Hence, getting more and more businesses under GST is definitely a positive change as it will increase the credit worthiness of the businesses to raise capital. But from MSME perspective, the current budget 2019 doesn’t really achieve the goals and meet the expectations of MSMEs. There were many positive changes that could have been done for the welfare of the MSMEs, which is one of the most important GDP contributor of the country”.
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