Budget announcements for strengthening the TReDS framework, including recognition of TReDS receivables as secured assets, reflect a clear policy thrust toward digital MSME financing.
FinTech BizNews Service
Mumbai, 1 February 2026: Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman said that the Government led by Prime Minister Narendra Modi, has decisively and consistently chosen action over ambivalence, reform over rhetoric and people over populism.
While presenting the Union Budget 2026-27 in Parliament today, she said that the Government is inspired by 3 kartavya. Recognising MSMEs as a vital engine of growth, the Finance Minister proposed a three-pronged approach to help them grow as Champions under the first Kartavya.
Jatinder Handoo, CEO, Unified Fintech Forum, points out: “The MSME sector remains a critical contributor to India’s growth and a significant consumer of fintech services. Budget announcements for strengthening the TReDS framework, including recognition of TReDS receivables as secured assets, reflect a clear policy thrust toward digital MSME financing. The proposed linkage of the GeM platform with TReDS is expected to further deepen MSME participation and transaction activity on the platform."
