MSME Development Forum President Mamta Binani Lauds 2025-26 Union Budget as a Transformative Step for Indian MSMEs
Kolkata, 1st February, 2025: CS (Dr.) Adv. Mamta Binani, President of MSME Development Forum WB said, “The recently announced Union Budget for 2025-26 by Finance Minister Nirmala Sitharaman is a game-changer for MSMEs. The enhanced credit guarantee, increased investment limits, and targeted support for women and young entrepreneurs will significantly drive growth and innovation, making Indian MSMEs more competitive on the global stage while creating much-needed employment opportunities. The introduction of customized credit cards with a ₹5 lakh limit for micro enterprises will provide essential access to finance, enabling growth and sustainability. Furthermore, the focus on tackling non-tariff barriers to exports and enhancing global competitiveness will open new avenues for MSMEs to thrive internationally. These measures, along with the increased focus on women and youth entrepreneurs, will drive innovation, create jobs, and position India as a formidable global manufacturing hub. This holistic approach to strengthening MSMEs is a significant step towards inclusive and sustainable economic growth.”
Mamta Binani is a President of 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, 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 International Women’s Insolvency & Restructuring Confederation (IWIRC) and is presently the Co-Chair of the India Network.
Ms. Binani is an Independent Director in 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.
(This story has not been edited by News Mania staff and is published from a Media Release)
