The Union Budget 2026-27 delivers a game-changing focus on MSMEs, cementing their role as pillars of India’s economic resurgence. As per Sunday’s government statement, targeted interventions will help these firms expand, outcompete globally, and forge stronger market linkages.
Boasting impressive stats – 35.4% manufacturing share, 48.58% export contribution, 31.1% GDP input – MSMEs comprise 7.47 crore entities employing 32.82 crore workers, making them indispensable for job creation post-agriculture.
Three strategic duties guide the agenda: swift expansion, aspiration fulfillment, and capacity building nationwide. MSME advancement hinges on equity aid, cash flow solutions, and professional support.
Rs 10,000 crore Special SME Growth Fund stands ready to propel scalable businesses. The Atmanirbhar Bharat Fund, boosted by Rs 2,000 crore, has invested Rs 15,442 crore in 682 units as of late 2025.
Over Rs 7 lakh crore has flowed through TReDS for receivables discounting; henceforth, CPSEs are obligated to utilize it. CGTMSE will guarantee invoice financing, GeM links to TReDS enhance transparency and affordability, and securitized TReDS bills promise amplified liquidity.
These reforms herald a brighter future, empowering MSMEs to thrive amid global challenges and drive India’s vision of Viksit Bharat.