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Cabinet Approves Massive Rs 10000 Crore SME Growth Fund
M
Moneycontrol•06-10-2026, 15:05
Cabinet Approves Massive Rs 10000 Crore SME Growth Fund
- •The Union Cabinet has approved a new Rs 10000 crore SME growth fund to support small businesses.
- •The initiative was originally announced in the FY27 Budget by Finance Minister Nirmala Sitharaman.
- •The fund aims to provide fresh incentives and financial backing to lakhs of enterprises across the country.
Key Questions Answered
The Union Cabinet has approved a Rs 10,000 crore SME growth fund to provide fresh incentives to millions of small businesses and enterprises across the country.
The SME growth fund was announced during the FY27 Budget by Finance Minister Nirmala Sitharaman.
The main objective of the fund is to provide fresh incentives and support to lakhs of small businesses and enterprises throughout the country.
