MSMEs

The government will fund a large part of the costs incurred by micro and small exporters to obtain international approvals for complying with regulations such as REACH and CBAM in Europe to help them boost shipments, Commerce and Industry Minister Piyush Goyal said on Monday. The support is being extended to these exporters under the Rs 25,060 crore export promotion mission (EPM). Under the mission's Trade Regulations, Accreditation and Compliance Enablement (TRACE) measure, support will be extended to exporters in meeting international testing, inspections, certifications and other conformity requirements. Partial reimbursement of up to 75 per cent will be provided for eligible testing, inspection and certification expenses, subject to an annual ceiling of Rs 25 lakh per IEC (importer-exporter code). "In the export promotion mission, we have provided funds so that wherever you require to get approvals internationally, particularly for micro and small units, the government will fun

NITI Aayog has proposed a unified apprenticeship mission, stronger industry participation and targeted incentives to address fragmentation, low completion rates and uneven engagement across India

Bihar Gramin Bank's JEEViKA exposure at ₹11,500 crore; NPAs below 2%

RBI's ULI onboards 89 lenders, supports 12+ digital loan journeys, enabling MSME, agri and retail credit via common tech infrastructure

Commerce and Industry Minister Piyush Goyal said that the framework is expected to create jobs and MSME exports while keeping staple crops and dairy outside tariff concessions

Credit offtake strengthened on broad-based demand led by personal loans, MSME borrowing and services sector growth, while gold loans surged 127.6% amid reporting norm changes

Rajasthan moves three key entrepreneur support policies online, ending offline applications and easing access to MSME, export and ODOP incentives

Budget 2026 sharpens India's self-reliance push with targeted funds, liquidity support and platform reforms to help MSMEs scale, export and anchor future growth

Budget 2026-27 strengthens agriculture, MSMEs and rural infrastructure, positioning villages, Tier-II and Tier-III towns at the heart of India's Viksit Bharat vision

This is a Budget that shows a future-ready Bharat, and carries forward the reforms that the Prime Minister initiated on August 15 last year, says Goyal

With income tax and goods and services tax already rationalised over the last year, the expectation on the tax side had shifted to simplification and rationalisation

Compared with last year's Budget, the Union Budget 2026-27 builds on the credit framework while moving decisively towards equity funding, market-linked liquidity, and structured compliance support

PM Modi says Union Budget 2026 focuses on fiscal discipline, inflation control and high capital spending, while backing reforms, MSMEs and tourism to drive growth and achieving 'Viksit Bharat' goals

Union Budget 2026 proposes ₹10,000 crore SME growth fund and expands TReDS-backed liquidity measures and compliance support to help small businesses scale up and improve access to finance

At least 10 consignments held at European ports this month; order cancellations on the rise

PLI-led manufacturing push and improving domestic demand are expected to drive double-digit growth for electronics MSMEs, with margins seeing modest expansion

India's credit growth is expected to clock 10-12% CAGR over the next five years, led by retail, MSMEs and services, outpacing deposit growth, says Brickwork Ratings

The equity infusion into Sidbi will be provided over three years to strengthen its capital base and expand credit flow to MSMEs, with support expected to reach 2.6 million additional units by FY28

The government is set to extend quality certification fee concessions by three years beyond the current mid-2026 deadline to support small and medium enterprises, a senior official said on Tuesday, as India pushes a quality-first approach to manufacturing. The Bureau of Indian Standards (BIS) has moved a proposal for the extension, which provides 80 per cent fee reduction for micro units, 50 per cent for small enterprises and 20 per cent for medium-sized firms. "Very recently we have moved a proposal, it is likely to fructify... this concession would be available for the next three years," said Bharat Khera, additional secretary in the Consumer Affairs Ministry, at a PHD Chamber of Commerce event. India needs to shift from compliance-driven to culture-driven quality standards to transform its Viksit Bharat manufacturing vision into reality, Khera said, warning that quality is not a compliance cost but "an enabler for market access". The BIS has published over 23,000 standards with

Public sector banks under the digital credit underwriting programmes sanctioned over 3.96 lakh MSME loan applications amounting to over Rs 52,300 crore between April 1 and December 31, 2025, the finance ministry said on Monday. The Public Sector Banks (PSBs) had launched the Credit Assessment Model (CAM) based on digital footprints for Micro, Small & Medium Enterprises (MSMEs) in 2025. This credit assessment model leverages the digitally fetched and verifiable data available in the ecosystem and devises automated journeys for MSME Loan appraisal using objective decisioning for all loan applications and model-based limit assessment for both Existing to Bank (ETB) as well as New to Bank (NTB) MSME borrowers, a finance ministry statement said. "Between 1st April and 31st December, 2025, over 3.96 lakh MSME loan applications amounting to more than Rs 52,300 crore have been sanctioned by the Public Sector Banks (PSBs) under the digital credit underwriting programmes," the ministry said