MSME Growth Fund: A Game-Changer for the Sector, Say Industry Bodies
Agency Feeds
N
News18•01-02-2026, 18:30
MSME Growth Fund: A Game-Changer for the Sector, Say Industry Bodies
- •Industry bodies hail the Union Budget's proposal for a dedicated Rs 10,000-crore growth fund for MSMEs as a "game-changer."
- •The fund aims to provide crucial capital for enterprises to innovate, modernise, and scale, addressing liquidity constraints and competitive pressures.
- •MSME Development Forum-West Bengal president Mamta Binani stated the initiative will improve competitiveness, expand global market access, and integrate MSMEs into value chains.
- •Federation of Associations of Cottage and Small Industries (FACSI) president H K Guha highlighted the Budget's focus on equity support, geographical expansion, and resolving delayed payments through the TREDS platform.
- •Additional measures include reserving Rs 2,000 crore for the micro sector under the Self Reliant India Fund and creating 'Corporate Mitras' in Tier II and Tier III cities for compliance support.
Why It Matters: The Rs 10,000-crore MSME growth fund is seen as a pivotal step to boost innovation, competitiveness, and resilience.
✦
More like this
Loading more articles...
