Budget 2026: Fintech and Insurance Leaders Urge Easier Credit, GST Relief, and Better Coverage for MSMEs

ଶିକ୍ଷା

ଅଟଳ ଆବାସୀୟ ବିଦ୍ୟାଳୟ: ଉତ୍ତରପ୍ରଦେଶର ମାଗଣା ଆବାସିକ ଶିକ୍ଷା ଯୋଜନା...

September 07, 2026

OTET 2026 ଫଳାଫଳ ପ୍ରକାଶ: ୬୪.୪୮% ପ୍ରାର୍ଥୀ ପାସ୍, ୫୩,୩୧୪...

September 02, 2026

ଆନ୍ତର୍ଜାତୀୟ

ନେପାଳ ବନ୍ୟାରେ ଉଦ୍ଧାରକାରୀ କୁକୁରଙ୍କ ବଡ଼ ଭୂମିକା, ଧ୍ୱଂସାବଶେଷ ତଳୁ...

September 07, 2026

ଗ୍ୟିରୋଙ୍ଗ ପୋଷ୍ଟ ଧ୍ୱଂସ: ନେପାଳ ବନ୍ୟାରେ ଚୀନ୍-ନେପାଳ BRI ରେଳ...

September 07, 2026

ହର୍ମୁଜ୍‌ ପ୍ରଣାଳୀ ବାହାରେ ‘ଏକ୍ସକ୍ଲୁଜନ୍ ଜୋନ୍’ ଘୋଷଣା କରିବ ଇରାନ,...

September 07, 2026

‘ନ୍ୟୁ ମେକ୍ସିକୋ’ ହେବ ‘ନ୍ୟୁ ଆମେରିକା’? ଟ୍ରମ୍ପଙ୍କ ମ୍ୟାପ୍ ପୋଷ୍ଟକୁ...

September 07, 2026

Budget 2026: Fintech and Insurance Leaders Urge Easier Credit, GST Relief, and Better Coverage for MSMEs

As Union Budget 2026 approaches, fintech and insurance experts are pushing for policies that strengthen India’s MSMEs. Key demands include easier access to credit, faster digital lending, wider insurance adoption, GST relief on employee policies, and support for rural and women-led enterprises. The goal is to make finance simpler, cheaper, and more inclusive for small businesses.

Published by Somesh | January 23, 2026

With Union Budget 2026 around the corner, industry leaders in fintech and insurance are emphasizing the urgent need for policy support to boost India’s MSME sector. Small businesses, which form the backbone of the economy, face challenges such as limited credit access, high compliance costs, and inadequate insurance coverage.

Fintech experts like Chirag Shah, Founder & CEO of Pulse, stress the importance of smoother credit flow and stronger digital lending infrastructure. Simplifying compliance, expanding credit guarantee schemes, and encouraging technology adoption can help MSMEs grow while ensuring responsible data usage under the Digital Personal Data Protection Act (DPDPA).

Insurance leaders are advocating for policies that treat insurance as core financial infrastructure rather than a regulatory formality. Tejas Jain, Founder & CEO of BimaKavach, highlights the need for broader coverage for MSMEs, including digital risk policies and targeted access for rural and women-led businesses. Additionally, relief on GST for employee insurance premiums could reduce costs for small businesses, improving employee welfare and reducing dependence on government subsidies.

Collectively, these measures aim to create a more inclusive, affordable, and secure ecosystem for MSMEs. Budget 2026 presents an opportunity to strengthen small businesses, enhance worker protection, and support sustainable economic growth across India.