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flag India’s PHD Chamber urges 2026-27 budget incentives for MSMEs to boost growth and reduce compliance.

flag 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. flag 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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