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Budget 2026: Rs 10,000 Cr Boost for SMEs
2 Feb
Summary
- New Rs 10,000 crore SME Growth Fund aims to scale businesses.
- Self-Reliant India Fund topped up by Rs 2,000 crore for micro enterprises.
- Trade Receivables Discounting System (TReDS) to settle central public sector MSME purchases.
Finance Minister Nirmala Sitharaman's Budget 2026 emphasizes self-dependence, unveiling measures to bolster the Indian economy's resilience against global trade uncertainties. A key focus is on strengthening Micro, Small, and Medium Enterprises (MSMEs), which significantly contribute to India's GDP and exports. The budget introduces a dedicated Rs 10,000 crore SME Growth Fund to facilitate the expansion of these businesses.
Further support for nascent ventures comes with a Rs 2,000 crore top-up for the Self-Reliant India Fund. To improve liquidity, the Trade Receivables Discounting System (TReDS) will now settle all MSME purchases by central public sector enterprises. Integrating TReDS with the GeM marketplace will allow financiers to view public purchases, easing access to capital for entrepreneurs.
