At Credilio, we wholeheartedly endorse the government’s visionary strides delineated in the Interim Budget 2024, a crucial approach of providing consistency in direction which is instrumental for fortifying India’s economic sector. We believe that the Budget aligns seamlessly with PM Modi’s resolve to propel India to the status of the world’s third-largest economy.
Central to this initiative is the emphasis on introducing 50-year interest-free loans tailored for the tech-savvy youth which not only resonates with our commitment to fostering financial literacy but also aligns perfectly with our goal of supporting the next generation in their ambitious endeavours.
Equally commendable is the government’s resolute commitment to women’s empowerment through the Mudra Yojana loans. In this significant stride, Credilio stands in solidarity with women entrepreneurs, dedicated to providing financial solutions and seamless access to credit.
Additionally, government’s efforts to make the MSME sector globally ready through training perfectly aligns with our steadfast commitment to empowering the youth of this nation, reinforcing their financial resilience and strength.
However, we believe there’s ample room for acknowledging the crucial role of fintech in empowering MSMEs and SMEs, coupled with targeted incentives for Tier 2, 3, and 4 cities. This strategic push will not only complement current initiatives but will also pave the way for a broader scope of lasting financial inclusion in the country.
