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Cabinet OKs 10,000 crore SME growth fund
The Union Cabinet has approved the establishment of a Rs 10,000 crore SME Growth Fund for small and medium enterprises. This initiative aims to provide eq
The Union Cabinet has approved the establishment of a Rs 10,000 crore SME Growth Fund for small and medium enterprises. This initiative aims to provide equity, liquidity, and professional support to growth. Existing funds typically support early-stage micro enterprises, leaving a gap for SMEs needing growth capital. The fund will focus on enterprises in Tier II and Tier III industrial clusters.
📡 Verified Wire Agency
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