Correct option is B
The correct answer is (b) 10 lakh
Explanation:
• Under the Union Budget 2025–26, the government proposed issuing 10 lakh customised credit cards to micro enterprises in the first year.
• These enterprises must be registered on the Udyam portal to qualify.
• Each credit card will offer a credit limit of ₹5 lakh.
• The initiative is designed to enhance credit access and support working capital needs of micro enterprises.
• It aligns with the government’s broader push for financial inclusion and MSME empowerment.
Information Booster:
• The scheme is a part of efforts to formalize the micro sector and improve access to institutional finance.
• Udyam registration is a government-recognized process for MSMEs to avail schemes and benefits.