More credit flow to MSMEs, support for AI, machine learning at lower costs expected from Budget 2021

IMF has projected an 11.5% growth for India in 2021, making the country the only major economy of the world projected to register a double-digit growth. 2020 has been a tough year and the road ahead still seems bumpy, with an expected contraction of 7.7% in the pandemic year. If India has to achieve the IMF projected growth, the 2021 budget has to be a landmark budget to help revive the economy and counter the detrimental impact of the pandemic.

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