Breaking
Marvel’s ‘Avengers: Doomsday’ Sets New Worldwide Pre-Sales Record With $100 Million Haul Saurav Das to Submit Letter Intimating Jantar Mantar Protest on October 10 EMI Payments Likely to Go Up Following RBI's Repo Rate Hike Authorities Arrest Three for Extortion and Recruitment in Manipur Rahul Gandhi, Priyanka Gandhi Detained as Anti-CEC Protest Ends in Standoff Marvel’s ‘Avengers: Doomsday’ Sets New Worldwide Pre-Sales Record With $100 Million Haul Saurav Das to Submit Letter Intimating Jantar Mantar Protest on October 10 EMI Payments Likely to Go Up Following RBI's Repo Rate Hike Authorities Arrest Three for Extortion and Recruitment in Manipur Rahul Gandhi, Priyanka Gandhi Detained as Anti-CEC Protest Ends in Standoff
MinuteBrief logo
Business

₹10,000 Crore Equity Fund Cleared by Union Cabinet to Boost Growth Potential of Small and Medium Enterprises

The Union cabinet approved a ₹10,000 crore fund to provide equity support to small and medium enterprises, aiming to strengthen MSMEs ahead of key GST reforms, officials said.

Mahbeez Parbeen | | 2 min read

₹10,000 Crore Equity Fund Cleared by Union Cabinet to Boost Growth Potential of Small and Medium Enterprises
AI Generated | Minutebrief Team

In Brief

  1. Union cabinet approves ₹10,000 crore SME Growth Fund for equity support.
  2. Fund bridges growth-capital gaps for scaling small and medium enterprises.
  3. Initiative focuses on manufacturing capacity, innovation, and global expansion.
  4. Complements broader government efforts under Union Budget 2026–27.

The Union Cabinet approved a ₹10,000 crore commitment to establish the SME Growth Fund (SGF), an Alternative Investment Fund (AIF) aimed at providing growth-stage equity support to promising small and medium enterprises (SMEs). Announced as part of the Union Budget 2026–27 framework, the fund addresses a critical gap in long-term risk capital required by scaling businesses.

Designed to foster "Champion Indian Enterprises," the initiative prioritizes small and medium manufacturing units and enterprises operating in industrial clusters across Tier-II and Tier-III cities. The capital injection will enable SMEs to expand manufacturing capacity, adopt advanced technologies, enter global value chains, and generate high-quality employment, advancing national goals toward regional industrial development and export competitiveness.

More from Business