PHDCCI Urges Budget 2026-27 to Boost MSMEs with Easier Credit, Lower Costs

• PHDCCI outlined recommendations for Union Budget 2026-27 to place MSMEs on a 10% economic growth path.
• Key proposals include reintroducing a 2% interest subvention scheme for MSMEs on new and incremental loans.
• Recommended revising MUDRA loan limits: Shishu to ₹1 lakh, Kishore to ₹10 lakh, and Tarun/Tarun Plus to ₹20 lakh.
• Called for reintroducing the Interest Equalisation Scheme for exporters and equity infusion via Fund of Funds for startups.
• Suggested exempting micro enterprises with turnover up to ₹10 crore from mandatory tax audits and enhancing Credit-Linked Capital Subsidy Scheme to ₹2 crore.

Why It Matters: PHDCCI advocates for critical policy changes in Budget 2026-27 to empower MSMEs through better finance and reduced burdens.