Union Budget presented by Finance Minister Nirmala Sitharaman is MSME-friendly: B.A. Nazeer
Mangaluru: B.A. Nazeer, President of the Canara Plastic Manufacturers & Traders Association, termed the Union Budget presented by Finance Minister Nirmala Sitharaman as MSME-friendly, highlighting considerable benefits for the sector.
Praising the budget, he mentioned that the announcement of a new Credit Guarantee scheme and a New Assessment Model for MSME credit will boost credit flow to the MSME sector.
He further noted that extending credit support during stressful periods is definitely a step in the right direction.
He also praised the enhancement of the Mudra Credit limit from 10 lakhs to 20 lakhs, which will help micro units avail financial facilities without collateral security.
Concluding, he stated that all these announcements, if implemented effectively, will definitely boost the growth of the MSME sector.
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Trump says he ‘hasn’t even thought about’ continuing Iran ceasefire
Washington: US President Donald Trump has said he has not yet considered whether he would continue the ceasefire involving Iran, while also claiming the United States holds the advantage in negotiations.
Speaking to reporters, Trump said he was prepared to make a deal with “whoever is running the show” in Iran.
“They are fighting with each other, there’s tremendous infighting. They’re probably fighting for leadership in many cases. I think they’re fighting not to be leader because we knocked out two levels of leaders,” he said.
Trump added, “When they want they can call me. We have all the cards, we’ve won everything.”
Referring to ongoing negotiations, he said, “They gave us a paper that should’ve been better. And, interestingly, immediately when I cancelled it [envoy trip to Pakistan], within 10 minutes we got a new paper that was much better.”
“We talked about they will not have a nuclear weapon, very simple … They offered a lot, but not enough,” he added.
When asked whether he would continue the ceasefire, Trump replied, “I haven’t even thought about it.”
The remarks come as uncertainty remains over the future of the temporary truce and broader negotiations between Washington and Tehran.
