Deloitte Urges Budget 2026 to Boost MSMEs, Critical Minerals for Trade Resilience

• Deloitte India advocates for stronger MSME support and critical mineral security in the FY27 Union Budget to enhance India's trade resilience.
• MSMEs are vital, contributing 46% to India's exports and being the second-largest employer; easing their financial and compliance burdens is crucial.
• Recommendations include enhanced export credit, concessional financing, simplified digital compliance, and training for MSMEs.
• Targeted export incentives for tariff-sensitive sectors like garments, gems, and leather are suggested to counter global trade disruptions.
• Deloitte also proposes a dedicated critical minerals fund, global collaboration, and incentives for renewable energy to secure supply chains and support clean energy transition.

Why It Matters: Deloitte advises Budget 2026 to prioritize MSME support and critical mineral security for India's trade resilience.