Kolkata, 1st February, 2026: CS (Dr.) Adv. Mamta Binani, President of MSME Development Forum WB, said, “The announcement of a dedicated Rs. 10,000 crore MSME Growth Fund in Budget 2026 is a monumental stride towards strengthening India’s micro, small, and medium enterprises at a pivotal moment for the economy. This visionary initiative not only provides crucial capital to empower MSMEs to innovate, modernize, and scale, but also strategically tariff-proofs the sector against global trade disruptions. At a time when MSMEs face liquidity challenges, delayed payments, and intense competitive pressures, this Fund will act as a catalyst for enhanced competitiveness, improved access to global markets, and deeper integration into value chains. Coupled with enhanced credit access and structural support measures in the budget, this move underscores the government’s enduring commitment to unleashing the full potential of MSMEs—the backbone of India’s industrial growth, employment generation, and export prowess. We welcome this forward-looking step, which will fuel inclusive growth, strengthen resilience, and help build a truly self-reliant MSME ecosystem. Mamta Binani is the president of the MSME Development Forum—West Bengal. Ms. Binani has served as a jury member of the ICSI National Award for Excellence in Corporate Governance and CSR, 2016; the Golden Peacock Award of the Institute of Directors for the year 2016; and the ASSOCHAM Award for Commendable CSR Activity for the year 2016. She is the vice president of the Kolkata National Company Law Tribunal Bar Association, the chairperson of the Merchant Chamber of Commerce-Legal Affairs Council, and also an executive committee member of INSOL India. She is a board member of the International Women’s Insolvency & Restructuring Confederation (IWIRC) and is presently the co-chair of the India Network. Ms. Binani is an independent director on some of the reputed boards of the country, viz., Century Ply, Balrampur Chini Mills, Emami Limited, and others. Ms. Binani feels that the government is the engine and that, as a member of that machinery, it is her responsibility to highlight the government’s efforts by bringing them to the masses and classes.
Thank you for reading this post, don't forget to subscribe!About The Author
