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India’s PHD Chamber urges 2026-27 budget incentives for MSMEs to boost growth and reduce compliance.
The PHD Chamber of Commerce and Industry has urged India’s government to include targeted incentives in the 2026-27 budget to boost the MSME sector, which contributes 30% to manufacturing and employs over 7.3 crore people.
Key proposals include a 2% interest subvention on new loans, higher MUDRA loan limits, reinstating interest equalisation for service exporters, expanding green technology subsidies, and exempting micro enterprises with turnover up to Rs 10 crore from mandatory tax audits to cut compliance costs.
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La Cámara de Doctorado de la India insta a incentivos presupuestarios para 2026-27 para que las MIPYMES impulsen el crecimiento y reduzcan el cumplimiento.