New Delhi, March 12 -- Highlighting the impact of Trump tariff on the country's micro, small and medium enterprises (MSMEs), a parliamentary committee has recommended to develop an early-warning and real-time monitoring system to track global trade policy developments impacting MSMEs.
The Department-Related Parliamentary Standing Committee on Industry (Rajya Sabha) in its 333rd report on the Demands for Grants (2026 27) of the Ministry of MSMEs also proposed to design an MSME Tariff Resilience Package within RAMP (Raising and Accelerating MSME Performance) and PMS (Procurement and Marketing Support Scheme) with targeted working-capital support and market diversification towards EU, ASEAN, West Asia and Africa.
The panel also recommended...