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Budget 2026 Highlights: MSMEs Declared the Growth Engine India’s Growth Backbone

2026-02-07 2 Dailymotion

The Union Budget 2026–27, presented on 01 February 2026, clearly recognises MSMEs as the vital engine of economic growth, employment and innovation in India’s journey towards Viksit Bharat. <br /> <br />MSMEs as Growth Drivers <br />To help MSMEs scale up and become globally competitive, the government has announced a three-pronged strategy focusing on equity, liquidity and professional support. <br /> <br />Key Budget 2026 Announcements for MSMEs <br />₹10,000 crore SME Growth Fund to create future “Champion MSMEs” <br />₹2,000 crore top-up to the Self-Reliant India Fund for micro enterprises <br />Mandatory use of TReDS platform by CPSEs for MSME payments <br />Credit guarantee support for invoice discounting on TReDS <br />Linking GeM with TReDS to enable faster and cheaper financing <br />Introduction of asset-backed securities for MSME receivables <br />Creation of a cadre of ‘Corporate Mitras’ to support MSMEs with affordable compliance and professional guidance <br />These measures aim to improve cash flow, reduce compliance burden, expand access to credit, and help MSMEs grow into strong employment generators across Tier-II and Tier-III cities. <br /> <br /> <br />#Budget2026 #UnionBudget2026 #MSME #SmallBusiness #TReDS #GeM #SMEGrowthFund #MakeInIndia #ViksitBharat #IndianEconomy<br /><br />Also Read<br /><br />Why India’s Next Growth Phase Depends On NBFCs, Not Just Banks Post Budget 2026? :: https://www.goodreturns.in/personal-finance/why-india-s-next-growth-phase-depends-on-nbfcs-not-just-banks-post-budget-2026-1487265.html?ref=DMDesc<br /><br />How The Budget 2026 Has Impacted The Middle Class Taxpayers In 5 Ways? :: https://www.goodreturns.in/personal-finance/how-the-budget-2026-has-impacted-the-middle-class-taxpayers-in-5-ways-1487017.html?ref=DMDesc<br /><br />Union Budget Agriculture Reforms: How PM Dhan-Dhanya Krishi Yojana Will Benefit 1.7 Crore Farmers :: https://www.goodreturns.in/news/union-budget-agriculture-reforms-how-pm-dhan-dhanya-krishi-yojana-will-benefit-1-7-crore-farmers-1486913.html?ref=DMDesc<br /><br /><br /><br />~HT.178~GR.122~

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