Chennai, Dec. 28 -- Formation of a Micro Enterprises Council under the Ministry of Micro, Small and Medium Enterprises (MSME), higher GST exemption thresholds and a single simplified GST return for micro units, statutory collateral-free lending up to Rs.100 lakhs for micro enterprises with interest capped at 6-7% are some of the major items in the budget wish list submitted by Association of Indian Entrepreneurs (AIE) to Indian Finance Minister Nirmala Sitharaman.

The AIE have also listed out its various other wishes that should find presence in the 2026-27 Indian budget.

According to AIE, government policy decisions are often taken without impact assessment on micro enterprises, leading to rollbacks and chaos.

Hence, there should be a M...