New Delhi, Jan. 30 -- Union Minister Jitan Ram Manjhi has announced comprehensive measures aimed at micro, small, and medium enterprises (MSMEs) challenges in the upcoming Union Budget 2025.

Speaking exclusively to ET Online, the MSME Minister outlined initiatives targeting funding constraints, technological advancement, and delayed payments that have historically impeded the sector's growth.

The government's strategic vision positions MSMEs as instrumental in addressing income inequality while driving economic growth.

Manjhi, who represents Bihar's Gaya constituency, emphasised that empowering small businesses is fundamental to bridging income disparities across the nation.

This focus comes at a crucial time as India, despite celebra...