Page 23 - NIS English 16-28 Feb, 2026

COVER STORY BUDGET
UNION

2026-27

MSMEs

From Entrepreneurship

to Employment

The Micro, Small, and Medium Enterprises
(MSME) sector, considered the backbone of
the country’s economy, has been given a new
impetus in this year’s budget. This sector,
which strengthens job creation, innovation,
and the goal of a self-reliant India, will gain
new strength to go from local to global with
government support…

MSME Budget
for the financial 24,566.27
year 2026-27 crore rupees

Expanding the scope of MSMEs Six proposals for accelerating
n Finance Minister Nirmala Sitharaman announced the creation economic growth
of a dedicated ₹10,000 crore MSME fund for enterprises. n Six areas of initiative have been proposed to
n MSMEs contribute 35.4 percent to manufacturing, 48.58 accelerate and sustain economic growth.
percent to exports, and 31.1 percent to GDP. n Scaling up manufacturing in 7 strategic and
n Professional education institutions like ICAI, ICSI, and frontier sectors
ICMAI will be facilitated to develop a Corporate Mitra cadre n Rejuvenating legacy industrial sectors
in Tier 2 and Tier 3 cities. These certified semi-professionals
will assist MSMEs in meeting compliance requirements at an n Creating “Champion MSMEs”
affordable cost. n Delivering a powerful push to Infrastructure
n Ensuring long-term energy security and
Cash Assistance stability
Through TReDS, more than ₹7 lakh crore has been made n Developing City Economic Regions
available to MSMEs. Measures have been proposed to
leverage its full potential. Strategies to empower MSMEs

n Loan guarantee support mechanism through CGTMSE on the n Equity Support: Top-up of the
TReDS platform. ₹10,000 crore SME Growth Fund and
Aatmanirbhar Bharat Fund
n Linking GeM with TReDS to provide information to
financiers on government procurement from MSMEs. n Liquidity Support: ₹7 lakh crore+
liquidity through TReDS
n TReDS receivables will be introduced as asset-backed
securities, boosting the secondary market and improving n Professional Support: “Corporate Mitra”
liquidity and payment settlement. and simplified compliance

February 16-28, 2026 || NEW INDIA SAMACHAR 21