Bangalore, Feb. 1 -- The Karnataka Small Scale Industries Association (KASSIA) has expressed strong support for the Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, citing its comprehensive approach to fostering micro and small enterprise (MSE) growth.

KASSIA President M.G. Rajagopal highlighted the budget's emphasis on critical areas including credit accessibility, skill development, innovation, and business regulation streamlining.

A significant development in the budget is the revision of MSME classification criteria, which increases investment and turnover limits by 2.5 and 2 times respectively.

This modification allows small industries to expand while maintaining their eligibility for government benefits.

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