Budget 2026: MSMEs Seek Export Credit, Concessional Financing; Infra, Defense in Focus

• Deloitte suggests more announcements for MSMEs, emphasizing export credit and concessional financing support.
• 360 One's Anu Jain expects Budget 2026 to heavily focus on infrastructure and the defense sector.
• FICCI advocates for prioritizing productive capital expenditure, particularly increasing the defense budget.
• Pharma industry seeks R&D incentives, financial aid for clinical research, GST rationalization, and simplified regulatory frameworks.
• Experts anticipate Finance Minister Nirmala Sitharaman will focus on user-friendly income tax administration; previous budget raised tax rebate limit.

Why It Matters: Budget 2026 is expected to prioritize MSME support, infrastructure, defense, and pharma R&D incentives.