New Delhi, Feb. 2 -- The introduction of credit cards for Micro, Small, and Medium Enterprises (MSMEs) is expected to be a transformative move, offering easier access to finance.

However, industry experts stress that streamlining the loan disbursement process is crucial to ensure that financial benefits reach businesses at the grassroots level.

The Union Budget 2025 has been widely welcomed by the MSME sector for its emphasis on financial support, digitization, and sector-specific initiatives.

One of the most significant announcements is the issuance of 10 lakh credit cards to micro-enterprises, each with a limit of Rs 5 lakh. Industry leaders believe this move will enhance financial inclusion and ease liquidity challenges for small bu...