💨 Abstract

The Indian Union Budget 2025 prioritizes a credit ecosystem using surety bonds for infrastructure and MSMEs, with a Rs10,000 crore Startup Fund and infrastructure-led growth initiatives. Surety bonds, valued at $21 billion globally, are gaining traction in India, offering benefits to EPC contractors, MSMEs, and sectors like renewable energy.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖