Budget 2026: PHDCCI presents proposals for the MSME sector

PHDCCI has presented proposals to Finance Minister Nirmala Sitaraman. The industry body seeks lower borrowing costs and an interest equalisation scheme for MSMEs. Suggestions include a 2 percent interest subvention on new loans and increased MUDRA loan ceilings. These measures aim to boost the sector's growth and manufacturing capabilities. Start-ups could also see cheaper funding options.