New Delhi, Jan. 30 -- With this year's Union Budget just a few days ahead, I believe it's a good time to discuss what the MSME sector expects from the Finance Minister. I think a lot has been discussed in our earlier editorials about what plagues the sector, but today I would like to focus on how the Finance Minister in her upcoming Budget can help this important sector in mitigating at least some of these hurdles.

Like everyone in the MSME sector, I am hopeful that favourable measures in the Budget will alleviate the challenges of MSMEs to a great extent.

The Budget should invariably have provisions wherein the government can expand and strengthen existing schemes, like the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGT...