Budget 2026: Govt Plans Faster, Cheaper MSME Loans, Interest Subvention

• Budget 2026 may focus on faster, cheaper credit for MSMEs.
• Measures could include reducing loan turnaround time and an interest subvention scheme.
• An interest subvention scheme would subsidize interest on fresh or incremental MSME loans.
• The government is examining suggestions to simplify documentation for accessing credit.
• Experts propose credit refinancing facilities or a special liquidity fund for MSMEs.

Why It Matters: Govt plans to ease credit for MSMEs, boosting small business growth.