The Union Budget 2025 provided much-needed stability to India’s MSME ecosystem at a time when businesses were emerging from prolonged uncertainty. With sustained focus on credit guarantees, PLI-linked manufacturing, digital public infrastructure, skilling, and GST system stabilisation, the Budget helped restore confidence, formalisation, and market access for millions of enterprises. Consumption-led measures supported demand, while incremental compliance reforms improved predictability for many MSMEs integrated into formal supply chains. However, as India enters 2026, the expectations from policymakers have evolved. MSMEs today are not only contributors to growth—they are critical enablers…
Union Budget 2026 – MSME Expectations: Voices Shaping India’s Growth Engine
