Eliminating Export Frictions
Budget 2026 must neutralize 50% US tariffs through reciprocal duty eliminations, PLI 3.0 for 20 sunrise sectors, and GTI scheme expansions covering 75% incremental shipments. MSME clusters in textiles (Tirupur), gems (Surat), and electronics (Noida) face 30% order erosion without countermeasures.
Entrepreneurship and Income Multipliers
Rs 1 lakh crore challenge fund for 1,000 export hubs, coupled with skill vouchers for 2 crore workers, projects 10% GDP uplift via formalization. Women-led MSMEs seek dedicated venture debt at 6% rates.
Domestic Demand Fortification
Urban consumption boosters via middle-class tax slabs (Rs 0-20L at 5%) and rural sops worth Rs 2.5 lakh crore aim to insulate against external shocks. SHG credit limits hiked to Rs 30 lakh per group.
Global Competitiveness Roadmap
FTAs with 25 nations by 2027, digital export corridors, and stablecoin payment rails position MSMEs for $300 billion sectoral exports, rivaling China’s SME dominance
