Funding Support for Growing MSMEs
• A new ₹10,000 crore SME Growth Fund will help MSMEs scale faster.
• Micro enterprises get continued backing with an additional ₹2,000 crore infused into the Self-Reliant India Fund.
• Focus: helping small businesses grow, not just survive.
Faster Payments and Better Cash Flow
• All CPSEs must now use TReDS for buying from MSMEs — ensuring faster payments.
• Invoice discounting gets easier with CGTMSE guarantee support.
• GeM + TReDS integration means quicker access to finance.
• TReDS receivables will be tradable like financial securities.
Affordable Compliance Help for MSMEs
• New ‘Corporate Mitras’ will provide low-cost support for filings, GST, bookkeeping, and basic corporate compliance.
• They will be trained by ICAI, ICSI, and ICMAI, especially in Tier-II and Tier-III cities.
Improving Older Industrial Areas
• 200 old industrial clusters across India will be upgraded with better roads, utilities, tech support, and common facilities.
• This directly helps MSMEs working within those clusters.
Sector Boosts That Help MSMEs
• Textiles get a major upgrade push – skilling, better machinery, new-age fibres, and modernisation.
• Hi-Tech Tool Rooms to help MSMEs access cheaper, high-precision components.
• A ₹10,000 crore Container Manufacturing Scheme opens new manufacturing opportunities.
• New Chemical Parks and Rare Earth Corridors will help MSMEs integrate into sunrise industries.
• Electronics Components Scheme up to ₹40,000 crore means more vendor opportunities.
Infra Growth that Cuts MSME Costs
• Government capex increases to ₹12.2 lakh crore.
• More investment in Tier-II and Tier-III cities where most MSMEs operate.
• Freight corridors, waterways, and coastal shipping expansion will reduce transport and logistics costs.
Easier Global Selling for MSMEs
• The ₹10 lakh limit on courier exports is removed — great for D2C brands, artisans, and small exporters.
• Return and replacement shipments will be handled more smoothly.
Support for MSMEs in SEZs
• SEZ units can now sell goods to the domestic market at concessional duty — useful for MSMEs with unused capacity.
Women-Led MSMEs Get a Boost
• SHE-Marts will be created as retail hubs inside rural clusters to help women entrepreneurs sell locally and grow.
Simplified Rules and Lower Compliance Burden
• TDS/TCS simplified.
• Extra time to revise tax returns.
• No TAN needed for certain property transactions involving NRIs.
• Penalties reduced and processes simplified.
Indirect Support that Helps Manufacturing MSMEs
• Critical minerals, solar manufacturing, and biogas blending receive tax and duty benefits.
• More vendor opportunities for MSMEs supplying components and machinery.
🔗 Reference: https://www.indiabudget.gov.in/doc/budget_speech.pdf