Reaction On Budget By Manish Shah, MD & CEO, Godrej Capital
Below Reaction On Budget By Manish Shah, MD & CEO, Godrej Capital
Budget 2026 is a progressive step for MSMEs and manufacturing. By strengthening TReDS as a pricing benchmark and settlement platform, the government has directly addressed a long-standing working capital challenge for small businesses. The MSME Growth Fund and the enhanced Self Reliant India Fund further improve access to capital and growth opportunities.
At the same time, measures like the National Fibre Scheme and the textile expansion plan modernise key value chains and position India’s traditional industries for long-term success. Initiatives such as She-Marts to empower women entrepreneurs put women-led enterprises at the centre of India’s growth story, signalling a shift toward inclusive entrepreneurship that delivers both dignity and economic participation at scale. The continued push on infrastructure-led development, especially along rail corridors, will support real estate growth and affordable housing growth in Tier 2 and Tier 3 cities and create sustained demand across housing and allied sectors.
Overall, the budget deepens liquidity, strengthens institutions, and supports sustainable, long-term growth.”
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