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Friday, June 5, 2026

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Industry Flags Key Reform Priorities Ahead of Budget 2026

As India heads into Union Budget 2026, industry leaders across sectors are calling for focused reforms to sustain growth momentum, unlock private investment, and address long-standing structural gaps. From MSMEs and startups to large enterprises, the consensus is clear:...

Postal Exports Get Incentive Boost for MSMEs

India has expanded export incentives to shipments sent through the postal channel, a move expected to significantly ease cross-border trade for micro, small and medium enterprises (MSMEs), artisans and small exporters who rely on low- and mid-value international consignments. The...

India Sets Up 161 Facilitation Councils for Faster MSME Payment Dispute Resolution

India has expanded its institutional support for small enterprises by establishing 161 Micro and Small Enterprises Facilitation Councils (MSEFCs) across states and Union Territories. Announced by the Ministry of MSME, the move aims to tackle one of the sector’s...

Haryana Traders Seek MSME Grievance Redressal Board

The Haryana chapter of the Rashtriya Jan Udyog Beopar Sangathan has called for the establishment of a dedicated MSME grievance redressal board, aimed at resolving small business challenges more efficiently. Addressing mediapersons in Panipat, Gulshan Dang, State President of...

CII Calls for Simpler, Technology-Driven Tax System

The Confederation of Indian Industry (CII) has urged the government to create a simpler, more predictable, and technology-led tax ecosystem ahead of the Union Budget 2026–27.Following a meeting with Revenue Secretary Arvind Shrivastava, CII Director-General Chandrajit Banerjee said India’s...

GeM and Madhya Pradesh Strengthen Procurement Partnership

The Government e-Marketplace (GeM) has intensified its collaboration with the Government of Madhya Pradesh to strengthen the State’s adoption and utilisation of India’s national e-procurement platform. The move aligns with the Union Government’s broader strategy to ensure that all...

PHDCCI Urges Bold Tax Reforms in Pre-Budget 2026–27 Recommendations

The PHD Chamber of Commerce and Industry (PHDCCI) has submitted its detailed pre-budget recommendations for FY 2026–27 to Arvind Shrivastava, Revenue Secretary, Department of Revenue, Ministry of Finance, at Kartavya Bhawan. The high-level delegation included Saket Dalmia (Former President), Dr....

Govt Revamps PLI Scheme for Textile Growth

The Ministry of Textiles has introduced key revisions to the Production Linked Incentive (PLI) Scheme for Man-Made Fibre (MMF) apparel, fabrics, and technical textiles to encourage greater participation and accelerate investments. The changes simplify eligibility requirements, expand product categories,...

3.5 Lakh MSMEs Rise in Kerala Home-Based Economy

In a quiet but powerful economic shift, Kerala has witnessed the creation of over 3.5 lakh new MSMEs in the last three and a half years — with nearly a third led by women, many operating directly from their...

DGFT Lifts Restrictions on Leather Exports

India’s Directorate General of Foreign Trade (DGFT) has issued new policy reforms aimed at simplifying leather exports, with a focus on reducing compliance burdens and boosting competitiveness. The changes, announced through Notification No. 15/2025-26 on May 26, 2026, remove...
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Zourney.in Bets on AI To Simplify India’s B2B Travel

India’s B2B travel market is still shaped by fragmented systems, manual coordination and slow turnaround times for agents. Sandeep...
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