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.