Launch affordable insurance products for small traders and MSMEs
Bharatiya Janata Party · Lok Sabha General Election 2024
Last updated 8 Jul 2026
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Original manifesto wording
“We will launch affordable insurance products for small traders and MSMEs to protect them from accidents like fire, theft, natural disasters etc.”
Our Assessment
A dedicated, affordable insurance product suite for small traders and MSMEs covering fire, theft and natural disasters — as specifically pledged — is not clearly evidenced as launched. Some related relief exists (e.g. GST 2.0 reduced premiums on individual insurance, and general business-insurance products are offered commercially), and credit-guarantee schemes reduce lending risk, but these are not the targeted, government-backed MSME insurance product described. Marked pending with low confidence pending a clearly attributable scheme launch.
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