New Delhi, Feb 15 (IANS) Placing Micro, Small and Medium Enterprises at the heart of India’s growth strategy, the Union Budget 2026–27 has unveiled a comprehensive plan to help MSMEs scale up, compete globally and integrate deeper into domestic and international markets through financial, policy and professional support, according to the official statement on Sunday.The Union Budget 2026–27 has underlined the government’s commitment to strengthening Micro, Small and Medium Enterprises as…
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Gandhinagar, Feb 1 (IANS) The Confederation of Indian Industry (CII) Gujarat on Sunday said the Union Budget 2026 provides a strong and positive framework for accelerating economic growth, strengthening manufacturing competitiveness and improving ease of living. Following a live budget viewing session held in Gandhinagar, CII Gujarat stated that the budget balances immediate economic stimulus with long-term capacity building, guided by the central theme of ‘Sankalp’ and the three stated prio…
New Delhi, Feb 1 (IANS) The sharp increase in capital expenditure to Rs 12.2 lakh crore, along with new freight corridors, national waterways and city economic region development, directly addresses industry’s concerns around infrastructure gaps and logistics costs, leading industry chamber Assocham said on Sunday.Calling the Union Budget 2026–27 as a forward-looking and reform-driven one that strengthens the foundations of India’s medium- to long-term economic growth, the chamber said it …
New Delhi, Feb 1 (IANS) The Union Budget 2026–27 presents a strong and credible roadmap to strengthen India’s competitiveness through fiscal discipline, structural reforms and targeted steps to boost private investment, industry said on Sunday.CII President Rajiv Memani said the Budget reinforces confidence in India’s growth story at a time when global economic conditions remain uncertain and investors are increasingly looking for policy clarity and long-term stability.“The Budget’s fo…
New Delhi, Feb 1 (IANS) The FICCI Ladies Organisation (FLO), an apex body of businesswomen, on Sunday welcomed the Union Budget 2026, and called it a women-centric and MSME-led growth agenda.The Budget was presented by the Union Finance Minister Nirmala Sitharaman in the Parliament.Poonam Sharma, President of FLO, said that the Budget sends a clear and confident signal of continuity, credibility, and conviction.“It balances fiscal discipline with inclusive growth, and places women, MSMEs, and …
New Delhi, Feb 1 (IANS) In the Union Budget 2026-27, Finance Minister Nirmala Sitharaman announced capital support for machinery, technology upgradation, and the establishment of common testing and certification centres to modernise traditional textile clusters.The government will set up “Mega Textile Parks in challenge mode” to provide integrated infrastructure, scale efficiencies, and value addition, an official statement said.These parks will also support growth in technical textiles, a high-…
New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman announced a dedicated Rs 10,000 crore SME (small and medium enterprises) Growth Fund, to create future champions by incentivising enterprises based on select criteria as part of the Budget 2026-27 proposals presented in the Parliament on Sunday.She also proposed to top up the Self-Reliant India Fund set up in 2021, with Rs 2,000 crore to continue support to micro enterprises and maintain their access to risk capital.”The Government led …
New Delhi, Feb 1 (IANS) Giving a thrust to ‘Make in India’ and domestic manufacturing, Finance Minister Nirmala Sitharaman on Sunday announced the launch of the India Semiconductor Mission (ISM) 2.0, while increasing the outlay for electronics component manufacturing to Rs 40,000 crore to strengthen local production and innovation.India’s Semiconductor Mission 1.0 expanded the country’s semiconductor capabilities, and building on this, the government will launch ISM 2.0 to produce equipm…