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of <h1>Union Budget focus on MSME support, rural and agricultural allocations, with calls for targeted soybean policy and GST simplification</h1> Industry and trade bodies welcomed the Union Budget's focus on MSME support, employment, skill development and increased rural and agricultural allocations, noting operative measures such as a dedicated MSME development fund, additional capital for the Aatmanirbhar Bharat Fund and enhanced liquidity via TReDS; these measures are expected to improve credit access and boost micro and small enterprises. Soybean processors sought a sharper, crop-specific policy to reduce edible-oil import dependence, asserting the Budget's general agriculture thrust lacks targeted interventions for soybean. Traders urged GST simplification and relief from punitive compliance actions; rural allocations aim to strengthen the rural economy but targeted agri-industry support was not provided.
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