New Delhi: FICCI Ladies organisation (FLO), the women business wing of FICCI has lauded the Union budget 2025-26 and termed it forward looking and inclusive specially for women in the country .
“The emphasis of the budget for the year 2025-26 is on the ‘garib, youth, annadata, and nari’ (poor, youth, farmers, and women) aligns with our vision of fostering equitable growth across all segments of society. We are particularly encouraged by the announcement to boost credit for Micro, Small, and Medium Enterprises (MSMEs) to ₹10 crore from the current ₹5 crore. This significant enhancement will empower numerous women entrepreneurs, facilitating the expansion of their businesses and contributing to India’s economic development.” Said My Jopyshree Das Verma, National President, FICCI Ladies Organisation (FLO), the apex body of business women in the country reacting to the Union Budget 2025-26.
“ FLO has consistently advocated for better credit access for women-led businesses, recognizing the pivotal role women play in the entrepreneurial ecosystem. The increased credit support for MSMEs is a testament to the government’s commitment to nurturing women entrepreneurs and promoting gender parity in the business landscape. Furthermore, the proposed comprehensive programs aimed at raising vegetable and fruit production, establishing a Makhana Board in Bihar, and launching a national mission for high-yielding seeds are commendable. These initiatives have the potential to enhance agricultural productivity and provide remunerative prices to farmers, many of whom are women, thereby improving their livelihoods.” Said Ms Verma.
“ We also appreciate the government’s focus on structural reforms across taxation, urban development, mining, financial sector, power, and regulatory frameworks. Such reforms are crucial for creating a conducive environment for businesses to thrive and for attracting investments that can drive sustainable growth. FLO believes that the Budget 2025-26 lays a strong foundation for inclusive and sustainable economic development. We look forward to collaborating with the government and other stakeholders to implement these initiatives effectively, ensuring that the benefits reach women entrepreneurs and contribute to the nation’s prosperity.” Ms Verma said.
“The government’s initiative to provide identity and registration for gig workers is a significant step toward formalizing the sector. This will especially empower women in the gig economy by ensuring access to social security, financial inclusion, and better work opportunities. Strengthening their economic resilience will contribute to a more inclusive and equitable workforce.” – Joyshree Das Verma, 41st National President, FICCI FLO
She added ” We also applaud the government’s initiative to provide term loans of up to ₹2 crore for first-time women, SC, and ST entrepreneurs. This visionary step will empower 500,000 entrepreneurs over the next five years, fostering inclusive growth and economic self-reliance.”