Budget 2025: MSME definition revision a ‘good decision,’ says India Inc; seeks more ‘aha moments’ for ease of doing business

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Budget 2025: MSME definition revision a ‘good decision,’ says India Inc; seeks more ‘aha moments’ for ease of doing business - Economic Times

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Experts have hailed certain measures announced in the Budget aimed at supporting MSMEs and exports; however, they are advocating for further streamlining of processes that can enable ease in customs and regulatory updates.

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Extending the emphasis on ease of doing business, the Budget 2025 had announced a ‘High-Level Committee for Regulatory Reforms’ to be set up for a review of all non-financial sector regulations, certifications, licenses, and permissions.“The committee will be expected to make recommendations within a year.