India boosts MSMEs with relaxed rules, cheaper testing, loan access, and credit guarantees.

India has rolled out new measures to support MSMEs, including extended compliance timelines, import exemptions for export-focused firms, and relaxed lab requirements allowing use of external testing facilities. The Bureau of Indian Standards offers fee reductions of 10% to 80%, with extra discounts for northeast-based and women-led enterprises. The Reserve Bank of India mandates banks to offer collateral-free loans up to Rs 10 lakh and link MSME loans to external benchmarks with quarterly resets. A Mutual Credit Guarantee Scheme provides loan coverage up to Rs 100 crore for equipment purchases, aiming to ease access to credit and reduce regulatory burdens.