ReferIndia News Budget 2026: PHDCCI presents proposals for the MSME sector

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Budget 2026: PHDCCI presents proposals for the MSME sector

Published on: Jan. 7, 2026, 3:23 p.m. | Source: The Economic Times

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.

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