India Responds Strongly to U.S. President’s Tariff Threat : Focus on MSME & Farmer Protection July 31, 2025 Rahul Singh Msme News 0 In response to recent comments by the President of the United States suggesting a potential 25% tariff hike and penalty measures against Indian imports, the Government of India has taken formal note and is currently studying the broader implications of such statements. The remarks come at a critical juncture when India and the U.S. are negotiating a long-awaited bilateral trade agreement aimed at creating a fair, balanced, and mutually beneficial economic partnership. A statement released by the Ministry of Commerce & Industry on July 30, 2025, reaffirmed India’s commitment to constructive dialogue, while also emphasizing the need to safeguard domestic interests. “India and the US have been engaged in negotiations on concluding a fair, balanced and mutually beneficial bilateral trade agreement over the last few months. We remain committed to that objective,” the ministry stated. However, the statement did not stop at diplomatic reassurances. In a clear and strong message, the Indian government emphasized that it attaches the utmost importance to protecting and promoting the welfare of farmers, entrepreneurs, and MSMEs (Micro, Small and Medium Enterprises) — sectors considered pillars of the Indian economy. This policy stance is seen as a reflection of India’s intention to avoid compromising its domestic economic priorities in the face of international pressure. MSMEs play a crucial role in India’s growth story, contributing nearly 30% to GDP, generating over 110 million jobs, and accounting for approximately 48% of total exports. Any disruption in trade with a key partner like the U.S., which is one of India’s largest export destinations, could affect sectors such as textiles, pharmaceuticals, leather, information technology, and engineering goods, all of which are deeply linked to MSME supply chains. The government further reinforced its commitment to a strategic and well-balanced trade policy, referencing recent successes such as the Comprehensive Economic and Trade Agreement (CETA) signed with the United Kingdom. These steps are part of a broader policy approach to ensure that India’s trade engagements align with national interest, competitiveness, and economic security. As global trade becomes increasingly volatile, India’s response reflects a mature, firm, and future-ready stance — one that signals openness to cooperation, but not at the cost of compromising its core economic sectors. In this evolving landscape, the MSME sector is expected to remain a top priority for policymakers and negotiators alike. farmer protectionMsmePresidentusus tarrifsPopular Articles Msme News Government Extends Interest Equalisation Scheme for MSME Exporters Until December 2024 Msme News Jammu Industrialists Seek Chief Minister’s Intervention for MSME Revival Msme News Govt Aims to Extend Additional ₹5 Trillion in Credit Guarantees Over the Next Two Years Msme News 11 Years of Jan Dhan Yojana : Revolution in Financial Inclusion Msme News MSMEs are the Second-Largest Job Creators After Agriculture: Yogi at the Inaugural Ceremony of UP International Trade Show-2024 Msme News Fabindia Partners with Ministry of MSME to Empower India’s Traditional Artisans Under PM Vishwakarma Scheme Msme News Coal Ministry’s 13th Auction Round Opens New Doors for MSMEs in Mining and Allied Sectors Msme News CHAMPIONS 2.0 Portal: Smart Support for MSMEs Across India Msme News “MSMEs are the backbone of our economy, creating jobs and driving growth,” says PM Modi Msme News Faster Access to Capital for MSMEs: A Game-Changer for Growth
Msme News Govt Aims to Extend Additional ₹5 Trillion in Credit Guarantees Over the Next Two Years September 17, 2024 MSME Sampark Msme News 0 The government plans to expand the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme by offering an additional ₹5 lakh crore in credit guarantees to micro and small enterprises over the next […]
Msme News Cabinet Approves ₹2,000 Crore Grant to NCDC to Boost Cooperative Sector and MSME Growth August 2, 2025 Rahul Singh Msme News 0 In a significant push to promote cooperative-based economic development, the Union Cabinet chaired by Prime Minister Narendra Modi has approved a Central Sector Scheme to provide ₹2,000 crore in grant-in-aid to the National Cooperative Development […]
Msme News India-UK Trade Agreement to Transform MSME Growth and Global Access July 26, 2025 Rahul Singh Msme News 0 The recently signed Comprehensive Economic and Trade Agreement (CETA) between India and the United Kingdom marks a significant leap forward for India’s Micro, Small, and Medium Enterprises (MSMEs). This landmark deal, signed on July 24, […]
Be the first to comment