New Delhi, Dec. 18 -- Industry body Assocham has urged the government to ensure timely payments, cheaper credit and lower input costs for micro, small and medium enterprises (MSMEs) besides providing support for sectors hit by US tariff.

In its Budget proposals for 2026-27, the industry body has called for strict enforcement of payment timelines to MSMEs and enable faster GST and RoDTEP (Remission of Duties and Taxes on Exported Products) refunds.

Assocham has recommended to the Finance Ministry that the government should offer time-bound support to sectors hit by tariff shocks. Among the sectors which have been grappling with the high tariff imposed by the Trump administration are textiles, gems & jewellery, and seafood.

In order to b...