Use the tax discounts of emerging technologies to expand credit guarantees in the budget to help improve small and medium -sized enterprises

Experts say that New Delhi uses emerging technologies such as AI on January 29 (PTI) to announce the establishment of a dedicated manufacturing area and expand the credit guarantee plan in the budget will help increase the growth of small and medium -sized enterprises.

They also said that AI -based credit assessment and risk analysis can simplify loan approval of small and medium -sized enterprises (small and medium -sized enterprises) and expand credit access rights.

Nitin Jain Jain, co -founder and chief business officer of business groups, said that enterprises need to integrate AI, automation and digital tools to improve productivity and competitiveness.

Jain said: “The government should introduce tax benefits and subsidies to support this change.” He added that the establishment of a special manufacturing area with modern infrastructure, seamless supply chain and shared resources will enable small and medium -sized enterprises to effectively expand the scale.

He added that small and medium-sized enterprises contributed 30-35 % of GDP and hired 110 million people. He needed strong policy support to expand the credit affordable credit. Intervention provides a good opportunity to promote this transformation.

Jain said: “Investing in digital high skills, financial literacy and AI -driven training programs will prepare for the continuous development of industrial landscapes to ensure sustainable talent channels.”

Dinesh Yadav, founder and managing of Fine Acers, said that in the 2025 budget, the real estate and hotel industry have hope for policy reform. These policy reforms can significantly affect future investment landscapes.

Adaf said: “Simplify the license and compliance process will help attract a large amount of investment.”

He said that at present, the industry has been permitted by complex permits, a number of approval and high tax restrictions, which has reduced the attractiveness of hotel investment, especially for capital -intensive projects for long -term pregnancy.

YADAV added: “Going towards a single window to move forward will simplify business operations, reduce costs and reduce delays to the greatest extent.”