ECONOMY: Government Clears ₹10,000 Crore SME Growth Fund To Create India’s Next Business Champions

India’s small and medium enterprises are set to receive a major boost after the Union Cabinet approved the establishment of the ₹10,000 crore SME Growth Fund, a flagship Budget 2026-27 initiative aimed at accelerating the growth of promising businesses.The fund has been created to fill a long-recognised gap in India’s financing ecosystem. While Start-Ups and micro enterprises often have access to
India’s small and medium enterprises are set to receive a major boost after the Union Cabinet approved the establishment of the ₹10,000 crore SME Growth Fund, a flagship Budget 2026-27 initiative aimed at accelerating the growth of promising businesses.The fund has been created to fill a long-recognised gap in India’s financing ecosystem. While Start-Ups and micro enterprises often have access to
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