New Delhi, Feb. 6 -- Trump imposes tariffs on Canada, Mexico, and China; US pauses tariffs on Canada, Mexico for 30 days, and Union Finance Minister Nirmala Sitharaman presents the first full budget of Modi government 3.0 - a lot has happened since our last editorial. However we will today discuss the recently presented Union Budget and what it means for MSMEs.
My first reaction would be that with revised classification criteria, enhanced credit access, and sector-specific initiatives, the government has demonstrated a clear intent to boost the sector's growth. However, while these measures sound promising on paper, I can't help but wonder whether they would be enough to drive meaningful change in a scenario where these small businesses st...