Economy · India
Cabinet Approves Rs 10,000 Crore Fund for SME Growth
The Union Cabinet has approved the establishment of a Rs 10,000 crore SME Growth Fund. This fund is intended to provide equity, liquidity, and professional support to small and medium enterprises (SMEs) to foster their growth. Existing funds primarily support early-stage micro enterprises, creating a gap that this new initiative aims to address.
How outlets across the spectrum covered it
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- Centre (3): Deccan Herald, Greater Kashmir, The Times of India