MSME bodies seek urgent liquidity, faster refunds to offset US tariff hit

MSME bodies urge emergency credit, faster RoDTEP and GST refunds, and targeted relief measures to protect exporters from US tariff hikes impacting margins and employment

Industry associations representing micro, small and medium enterprises (MSMEs) have written to the Union ministries of finance and commerce seeking urgent intervention to cushion exporters from the impact of the recent tariff hikes by the United States.

 

They warned that this move by the US is already compressing margins and threatening jobs in key sectors.

 

Citing “immediate stress” on cash flows in clusters dependent on US buyers — including textiles, engineering goods and gems & jewellery — small and medium enterprise (SME) bodies said the higher duties have forced exporters to either absorb additional costs or lose orders.

 

“Either way,