Union Budget 2025-26 : A new fund of Rs 10,000 crore will be established for start-ups. – India has firmly established itself as the third-largest startup ecosystem in the world
Dr. Gurpreet Singh / News Punjab
New Delhi, February 1 – In the Union Budget, the Finance Minister said that the investment and turnover limits for the classification of all MSMEs will be increased by 2.5 and 2 times respectively and a new fund of funds of Rs 10,000 crore will be set up for start-ups.
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🔶 Credit guarantee cover for micro and small enterprises will be increased from Rs 5 crore to Rs 10 crore.
🔶 10 lakh customized credit cards with a limit of Rs 5 lakh will be introduced for micro-enterprises registered on the UDYAM portal in the first year.
🔶 A new fund of funds of Rs 10,000 crore will be set up for start-ups.
India’s Startup Revolution
▪️India has firmly established itself as the third-largest startup ecosystem in the world, with over 1.57 lakh certificates issued by Department for Promotion of Industry and Internal Trade (DPIIT) for recognition of startups as of December 31, 2024
▪️The nation’s entrepreneurial landscape, fuelled by more than 100 unicorns, is redefining innovation and creating new opportunities across sectors. Major hubs like Bengaluru, Hyderabad, Mumbai, and Delhi-NCR have been at the forefront of this transformation, while smaller cities are increasingly contributing to the momentum with over 51% of the startups emerging from Tier II/ III cities
▪️Through initiatives like Startup India, the government has played a pivotal role in nurturing this growth and empowering the next generation of entrepreneurs