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.
MSMEs as Growth Drivers
To help MSMEs scale up and become globally competitive, the government has announced a three-pronged strategy focusing on equity, liquidity and professional support.
Key Budget 2026 Announcements for MSMEs
₹10,000 crore SME Growth Fund to create future “Champion MSMEs”
₹2,000 crore top-up to the Self-Reliant India Fund for micro enterprises
Mandatory use of TReDS platform by CPSEs for MSME payments
Credit guarantee support for invoice discounting on TReDS
Linking GeM with TReDS to enable faster and cheaper financing
Introduction of asset-backed securities for MSME receivables
Creation of a cadre of ‘Corporate Mitras’ to support MSMEs with affordable compliance and professional guidance
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.
#Budget2026 #UnionBudget2026 #MSME #SmallBusiness #TReDS #GeM #SMEGrowthFund #MakeInIndia #ViksitBharat #IndianEconomy
Also Read
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
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
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
~HT.178~GR.122~
