BusinessUnion Cabinet Approves ₹10,000 Crore SME Growth Fund to Boost Manufacturing
On October 6, 2026, the Union Cabinet approved a ₹10,000 crore fund to support Small and Medium Enterprises (SMEs) as proposed in the 2026 Budget. The SME Growth Fund aims to provide growth-oriented capital to SMEs across manufacturing, services, technology, and innovation sectors, addressing a gap in equity funding beyond early-stage micro enterprises. Finance Minister Nirmala Sitharaman highlighted this initiative to promote champion Indian enterprises.
Hindu Business·




