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MSME sector expects special focus in Union Budget 2021

Jan 29, 2021, 8:19 PM IST

The Covid-19 pandemic dealt a severe blow to the Micro, Small and Medium Enterprises sector. And that's why young entrepreneurs have high hopes from Finance Minister Nirmala Sitharaman.

Vishwas Mudagal, CEO and co-founder of GoodWorksLabs, is hoping for a breather in the Union Budget 2021 from a possible 'Covid' cess.

Since MSME sector generates nearly 40 percent of employment, Mudagal hopes that the sector gets more funds in budget allocation.

As education sector is crucial for overall development, he hopes even this sector will get a boost with a special focus on 'online' education.

He also expects to see more funds for research and development.

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