MSME BUDGET
Liquidity unlocked, access denied: With rating rules, how TReDS leaves most MSMEs behind
Despite the government’s TReDS push, experts say the RBI’s move to ease onboarding lacks clarity as credit ratings continue to be a key bottleneck, limiting MSME participation.
TReDS tweak to ease MSME credit flow amid global pressure
Banks are set to boost credit flow to MSMEs as regulators ease onboarding for the Trade Receivables Discounting System (TReDS). This move aims to improve liquidity and working capital efficiency for small businesses facing global economic strains. Revised guidelines and government mandates further support this shift towards dynamic, cash flow-based financing, crucial for timely payments and business growth.
As India's MSME sector matures, IDBI Bank's Sumit Phakka says the lending framework must keep pace
India's small businesses are now driving economic growth. New government budgets are boosting MSME financing and support. Digital tools are helping banks understand these businesses better. This shift is enabling more MSMEs to access credit and contribute to 'Make in India' and 'Make for the World' initiatives. Defence and auto components are key growth areas.
MSMEs seek force majeure relief amid Gulf war disruptions
Small businesses supplying the government are seeking relief from contract penalties. They want the Centre to invoke force majeure due to global supply chain issues stemming from the Gulf war. This mirrors measures taken during Covid-19. The government is examining these requests. Exporters are also receiving support through schemes and extended credit periods.
Will the coming earnings season(s) ring in more trouble for India Inc and investors?
When a large, diversified group with exposure across autos, IT, hotels, retail, consumer, industrials, aviation, and infrastructure starts preparing internally for cost pressure and slower demand, it is probably a signal that things will get tough. This is still an inference, but a grounded one: If a conglomerate with that breadth is belt-tightening, the risk is unlikely to be isolated to one sector. And that is something one should not ignore.
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Keep buying gold on dips; 4 sectors to put your money in now: Jitendra Gohil
Amidst geopolitical fears, India's market faces a 'buy the dip or wait' dilemma. Expert Jitendra Gohil highlights India's underperformance due to its limited role in global AI and defence booms. He advises accumulating metals, private banks, and electronics manufacturing on dips, while viewing gold as a long-term hedge. Expect range-bound equities for now.

From Red Sea to Hormuz: Why MSMEs must rethink risk cover
Geopolitical risks are now a business reality for Indian MSMEs. Conflicts disrupt supply chains and trade routes, causing significant financial losses. Standard insurance policies often exclude war risks, leaving businesses vulnerable. Many MSME owners are unaware of these gaps until a claim is denied.

Union Budget 2026 gets Parliament nod; Finance Bill approved
Parliament has approved the Finance Bill 2026. This marks the completion of the budgetary exercise for the upcoming fiscal year. The Union Budget 2026-27 outlines significant expenditure and capital investment. Key proposals include changes to Securities Transaction Tax and the extension of the ITR filing date for certain businesses. The budget also details plans for new high-speed and freight corridors.

Why can’t some MSMEs scale if policy is on their side? The ET MSME Awards 2025 had answers
At the Awards’ grand felicitation ceremony, industry voices debated whether India's MSME ecosystem is ready to scale or whether structural barriers hold it back.

Exports grow at estimated 20 pc CAGR between FY24- 26 due to RoDTEP scheme: Official
Exports under the RoDTEP scheme are projected to grow over 20% CAGR from 2023-24 to 2025-26, despite global economic challenges. The scheme has expanded its reach, with MSME sector support increasing to approximately 75% by 2025-26, offering a crucial buffer against cost pressures.

One night, 20 honours: The ET MSME Awards 2025 finale is almost here!
Behind every nomination is years of work, risk, and resilience. Behind the agenda is every challenge Indian MSMEs are navigating right now. The sixth edition of the ET MSME Awards on March 24 brings both together.

Sitharaman to move Finance Bill 2026 and Corporate Laws Amendment Bill in Lok Sabha today
Parliament's Budget session resumes today. Finance Minister Nirmala Sitharaman will introduce the Corporate Laws (Amendment) Bill, 2026. She will also move for consideration of the Finance Bill, 2026. Several ministers will lay papers on the table. Reports on women's empowerment and urban affairs will be presented. The session continues until April 2.

Manufacturing push drives property developers to build industrial townships
Property developers are focusing on integrated industrial townships to support the government's manufacturing growth targets. This trend is driving demand for industrial plots as an investment avenue, with major players launching new developments. Experts highlight the importance of cohesive planning for industrial land, logistics, and infrastructure to boost efficiency and competitiveness.

Parliamentary panel urges a 'golden share' strategy to protect PSU autonomy if state stakes fall below 51%
A parliamentary panel urged the government to finalize a 'golden share' strategy to protect PSU autonomy as state stakes fall below 51%. Recommendations also include enhancing MoU frameworks, prioritizing vacant officer positions, and developing a roadmap for InvITs and REITs. The committee stressed bridging revenue gaps and optimizing debt management for economic stability and growth.

To deliver speed to exporters customs rules must be recast: Revenue secretary Arvind Shrivastava
Indian exporters need faster and more reliable customs procedures. Revenue Secretary Arvind Shrivastava emphasized this need as India expands its global trade. He stated that customs administration facilitates economic growth and enhances competitiveness. The reforms focus on trust in stakeholders and technology. This shift aims for partnership and cooperation with industry.

Customs procedures must enable faster global market access for exporters: Revenue Secretary
Customs reforms aim to boost Indian exports. Revenue Secretary Arvind Shrivastava highlighted trust and technology as key. The department is shifting towards partnership with stakeholders. Efficient border management is crucial for economic growth. These reforms are integral to India's national economic strategy towards Viksit Bharat 2047. The new Income Tax Act will be rolled out soon.

India's $2 trillion export dream has a paperwork problem
Digital-first exporters are powering India’s trade ambitions, but compliance delays and documentation gaps continue to hinder their progress. New-age cross-border platforms are stepping in to streamline processes and close the gaps.

‘Very Shocking’: RoDTEP cut by half triggers exporters' appeal for immediate review
Exporters are reeling from the government's decision to slash RoDTEP rates by half, a move that significantly increases export costs by reducing refunds for embedded domestic taxes.

India unveils seven-point plan to boost exports under ₹25,060-crore mission
India is stepping onto the global trade stage with a robust Export Promotion Mission aimed at revolutionising its outbound trade. This initiative seeks to ease the path for smaller companies, making exporting more straightforward and accessible. With a sharp focus on adapting to shifting global trade trends, this six-year program will equip Indian enterprises to thrive in diverse markets.

Govt plans ‘Champion CPSEs’ for Viksit Bharat by 2047, NITI Aayog roadmap soon
India is preparing to create 'champion' public sector companies. These firms will boost economic growth and technology. The goal is to help India become a developed nation by 2047. These companies will get more freedom in decisions and talent hiring. They will use new technologies for better performance.

Is the clean-up behind them? Time to look at smaller NBFCs without bias? 6 NBFC stocks with an upside potential of up to 30%
When a sector has too many weak players they eventually get weeded out. Either by market forces or by a regulatory clean-up. For instance, this happened in the power and construction sectors. After a major crisis hit the NBFC sector some eight years back, the RBI stepped in to undertake a clean-up. The clean-up, however, has been a gradual process for this sector. So, have we reached a stage where we can forget about past scandals and look at companies in the sector once again?

Rajya Sabha Budget debate: TMC says budget delusional, BJP calls it progressive
During a heated debate in the Rajya Sabha, opposition politicians lambasted the government's handling of soaring unemployment rates and dwindling purchasing power, claiming the budget fails to address pressing issues for the urban youth. In contrast, ruling party members hailed the budget as a visionary approach towards social welfare.

ET SME Summit in Rajkot highlights how MSMEs can leverage strengths for growth
The ET Make in India SME Regional Summit in Rajkot concluded successfully, underscoring how local MSMEs can leverage their strengths and collaborate for growth.

Budget 2026: A three-part roadmap to strengthen MSME-led supply chains
If implemented consistently, India’s latest Budget could help shift the country’s export engine—from growth driven by a handful of large firms to deeper, broader exports supported by thousands of integrated suppliers.

Budget 2026-27: Strengthening the financial rails for MSMEs
Instead of relying on broad stimulus, the Budget focuses on strengthening the financial rails that support MSMEs by improving capital access, liquidity, and execution efficiency.

Budget 2026: TReDS-anchored liquidity to drive structural shift in MSME working capital access, say stakeholders
The Budget’s push to SMEs through equity support and TReDS-anchored liquidity signals a structural shift in MSME working capital access, say stakeholders.

Budget 2026: MSME growth fund game-changer for sector, say industry bodies
Industry bodies hailed the Union Budget 2026-27's Rs 10,000-crore growth fund for MSMEs as a game-changer, addressing liquidity constraints and competitive pressures.

Budget 2026 | Building India’s growth through MSMEs and technology: Vidit Aatrey
Vidit Aatrey, founder and CEO of Meesho, said that the Budget reflects a quiet but important shift in India’s growth story, one that backs MSMEs, women entrepreneurs and manufacturers with patient capital and modern infrastructure.
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