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SMEs gain with ₹10K cr growth fund

Business Standard

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February 02, 2026

Union Finance Minister Nirmala Sitharaman on Sunday proposed the creation of a dedicated ₹10,000-crore SME Growth Fund to nurture future “champion” enterprises.

- HARSH KUMAR

SMEs gain with ₹10K cr growth fund

The fund will incentivise eligible SMEs based on select criteria, with a budgetary allocation of ₹500 crore earmarked for FY27.

“I also propose to top up the Self-Reliant India Fund set up in 2021, with ₹2,000 crore to continue support to micro enterprises and maintain their access to risk capital,” she said during her Budget speech for FY27.

‘Toleverage the full potential of TReDS (Trade Receivables Discounting System) for MSMEs, the finance minister proposed four majors steps, including mandate TReDS as the transaction settlement platform for all purchases from MSMEs by Central Public Sector Enterprises (CPSEs), serving as a benchmark for other corporate.

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