Union Budget 2025 Expectations: From Tax Cuts to Sectoral Reforms, Wishlist for FM Sitharaman on February 1

INDIA
30 Jan 2025
Budget 2025 Expectations LIVE:
"Budget 2025 presents an opportunity to accelerate MSME growth, affordable housing, and the expansion of the Unified Lending Interface (ULI). For MSMEs, easing lending norms and infusing liquidity remain critical. Expanding credit guarantee schemes and revising co-lending frameworks to include a wider range of NBFCs can bridge the sector’s ₹40 lakh crore credit gap. Targeted liquidity support will further strengthen small business financing. In affordable housing, revisiting lending caps and providing incentives for developers can boost accessibility. Adjustments in financing constraints will encourage supply and improve homeownership opportunities. Budgetary allocations for R&D in AI, alongside an expanded scope for frameworks like the Regulatory Sandbox, will drive innovation in credit, investments, and savings," said Joydip Gupta, head of Asia Pacific at Scienaptic AI.
More News
Unified lending identity: The next UPI moment for India
Today, lending is fragmented—credit decisions rely on bureau scores, lender-specific risk models, and rigid documentation requirements. This leaves millions—especially small business owners, self-employed individuals, and new-to-credit borrowers—locked out of the formal lending system.
India's Credit Growth Strategy: Rethinking liquidity, deposits, and innovation
India's financial system is grappling with a severe liquidity shortage, with a Rs 3.34 lakh crore deficit. Despite RBI measures, structural issues like weak deposit growth persist, challenging credit access. Innovative strategies are needed for sustainable growth beyond rate cuts