Commerce and Industry Minister Piyush Goyal announced that India has successfully concluded nine free trade agreements with 38 countries, granting Indian businesses preferential access to nearly two-thirds of global trade flows. Speaking at the 27th EY Entrepreneur Of The...
The Ministry of Commerce and Industry's Department for Promotion of Industry and Internal Trade (DPIIT) issued a notification on 4 February 2026, fundamentally updating the criteria for startup definition and recognition in India. These new rules replace the 2019...
India is intensifying reforms ahead of the World Bank's Business-Ready (B-READY) assessment scheduled for release in 2026. The Department for Promotion of Industry and Internal Trade (DPIIT) notes significant structural improvements over the past decade, with India climbing 79...
Budget 2026 has raised the allocation for the Pradhan Mantri Formalisation of Micro Food Processing Enterprises Scheme (PMFME) to Rs 1,700 crore from Rs 1,500 crore, while launching an Integrated Textiles Programme with a five-component framework for apparel, fabric...
Budget 2026 has announced major tax and compliance relief measures for startups and MSME founders, extending the profit-linked tax holiday for eligible startups and permanently abolishing angel tax on equity investments. The measures are aimed at improving access to...
Budget 2026 has announced a nationwide collateral-free term-loan programme for first-time entrepreneurs and expanded invoice-discounting access for micro enterprises through the Trade Receivables Discounting System (TReDS), in a combined push to widen early-stage and working-capital finance for new and...
Budget 2026 has expanded credit and equity support for small and mid-sized manufacturers through a combined package of enhanced credit guarantees and dedicated growth capital, aimed at accelerating capacity expansion and technology upgrades across the MSME sector. The Budget...
Budget 2026 has announced a Rs2,000 crore allocation to support low-value digital payments on Unified Payments Interface (UPI) and RuPay, alongside a sharp scale-up of India’s open e-commerce network, the Open Network for Digital Commerce (ONDC), which has crossed...
Budget 2026 has removed the Rs 10 lakh per-consignee annual export cap for courier shipments, allowing Indian exporters to ship unlimited value through courier channels. The change enables direct-to-consumer (D2C) brands, artisans and small exporters to serve overseas buyers...
Access to affordable working capital has long been one of the biggest bottlenecks holding back India’s MSME exporters. A new partnership between Drip Capital and the Government of Maharashtra aims to directly address that gap.
Drip Capital has signed a...
