During the 37th Foundation Day celebrations of the Small Industries Development Bank of India (SIDBI) in Mumbai, Union Finance Minister Nirmala Sitharaman urged the institution to evolve from merely being a lender to becoming a market maker and risk-sharing partner for micro, small, and medium enterprises (MSMEs) and startups. She emphasized the importance of customized financing solutions tailored to the distinct needs of various sectors, arguing that standard banking products are insufficient for non-standard businesses. Sitharaman also pointed out the need for flexible repayment structures that consider the operating cycles of different enterprises, such as agricultural and engineering firms. Furthermore, she discussed the government's initiatives to protect businesses from global economic uncertainties, including a significant reduction in central excise duty on petrol and diesel, which has had a revenue impact of over ₹1 lakh crore. This move aims to lower logistics costs and safeguard businesses from rising crude prices. Sitharaman concluded by reaffirming India's economic resilience and the need for financial institutions to bolster support for small businesses.