Union Budget 2026-27: Building Champion MSMEs for a Global India

• PIB Backgrounder (15 Feb 2026) outlining the Union Budget 2026-27's three-pronged MSME strategy — equity, liquidity and professional support — to scale Indian MSMEs into global "Champions".
• MSMEs are India's second-largest employer after agriculture; the Budget repositions them as drivers of manufacturing, exports and GDP.
• For UPSC: maps to GS-III (Indian Economy, Industrial Policy, Inclusive Growth) and the Make in India / Atmanirbhar Bharat continuum.