Govt to develop 'corporate mitras' cadre to help MSMEs
New Delhi (PTI): In efforts to help the MSMEs, the government will develop a cadre of "corporate mitras" in Tier-II and Tier-III cities.
Finance Minister Nirmala Sitharaman made the announcement as she presented the Union Budget 2026-27 on Sunday.
In her speech, the minister also said the government will set up an 'Education to Employment and Enterprise' Standing Committee to recommend measures focusing on the services sector.
The cadre of "corporate mitras" will help Micro, Small and Medium Enterprises (MSMEs) to meet their compliance requirements at affordable costs.
Also, the government will facilitate professional institutions such as ICAI, ICSI, ICMAI to design short-term modular courses and practical tools to develop the cadre of corporate mitras, Sitharaman said.
In announcements related to the agriculture sector, the minister said support will be provided for high-value crops such as sandalwood, walnuts apart from having a coconut promotion scheme to increase production.
Also, the Centre will partner with states to restore glory of sandal wood ecosystem, she added.
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US rules out use of nuclear weapons against Iran
Washington DC: The White House has reportedly ruled out the use of nuclear weapons against Iran, even as uncertainty continues over ongoing peace negotiations and a deadline set by US President Donald Trump approaches.
Issues bout a possible escalation had increased after US Vice President JD Vance said that the United States has “tools in our toolkit that we so far haven’t decided to use” in dealing with Iran.
His remarks came amid rising tensions and ahead of a deadline linked to peace efforts.
The situation has attracted attention as Trump warned Iran that its “whole civilization will die tonight tonight” if an agreement is not reached by Tuesday at 8 pm.
This statement led to speculation about the possibility of extreme military measures, including a nuclear strike.
Following Vance’s comments, the White House issued a clarification distancing itself from such interpretations. In a post on X, it said, "Literally nothing @VP said here 'implies' this, you absolute buffoons." In a later statement, it added that “only the president knows” what action will be taken regarding Iran.
Literally nothing @VP said here "implies" this, you absolute buffoons https://t.co/7JU3wXMaWX
— Rapid Response 47 (@RapidResponse47) April 7, 2026
