Union Budget 2026 Wishlist: “Convert policy into accessible, scalable support for startups & research-led innovation”

Moreover, Budget 2026 expectations for MSMEs are around easier access to working capital, smoother execution of government schemes, and digital capacity building.

According to NeoGrowth’s latest NeoInsights report, MSMEs are entering 2026 with constructive optimism. 86% MSMEs expect business growth in 2026, signalling a clear turn in confidence and 80% report improved business conditions in recent months, aided by festive demand and GST reforms. There is also indication that 1 in 2 MSMEs plan to take a business loan in 2026, pointing to expansion-led credit demand.

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Arun Nayyar, Managing Director and CEO, NeoGrowth, said, “The study points to early green shoots across the MSME sector. Festive demand, coupled with stronger digital payment adoption and GST 2.0 benefits has started to support business momentum. What stands out is the measured ...