In Budget 2026-27, Finance Minister Nirmala Sitharaman announced a Small and Medium Enterprises (SME) Growth Fund with a budget of Rs 10,000 crore. The fund’s purpose is to help SMEs become more competitive and resilient.
To further support micro-enterprises, the Self-Reliant India Fund would receive an additional Rs 2,000 crore.
The government has established the SME fund to provide equity support, TReDS to improve liquidity support (which has already helped MSMEs access over Rs 7 lakh crore), and institutions like the ICAI and the ICSI to train paraprofessionals in smaller towns to comply with regulations so that MSMEs can continue to drive economic growth.
