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As the new Government swears in, the expectations for MSME also catapult high. By 2024, 150 technology centers are expected to be set up. Prototyping and mentoring skilling of MSME's are also expected to be done. As a continuation of the Kisan Credit Card, a new scheme is expected to be introduced. It will offer a merchant credit card to all the GST registered merchants.
Another significant change of events expected is regarding the issue of an accident insurance cover for over 10 lakh rupees to all the GST registered traders. The National Traders Welfare Board is also likely to be set up soon.