<h1>Government Unveils New Measures to Boost MSMEs: Credit Schemes, Mudra Loan Expansion, and E-commerce Support Initiatives.</h1> The Union Finance Minister announced eight new measures to support Micro, Small, and Medium Enterprises (MSMEs) in the 2024-25 budget. Key initiatives include a credit guarantee scheme for MSMEs in manufacturing, development of a new credit assessment model by Public Sector Banks, and enhanced Mudra loans up to Rs. 20 lakh. The budget also proposes halving the turnover threshold for mandatory onboarding on the TReDS platform and establishing new SIDBI branches in MSME clusters. Additionally, financial support will be provided for food irradiation units and e-commerce export hubs to facilitate MSMEs' access to international markets.