FM proposes Rs 10,000 cr SME fund in Budget

FM proposes Rs 10,000 cr SME fund in Budget

FM proposes Rs 10,000 cr SME fund in Budget

NEW DELHI: (Feb 1) Finance Minister Nirmala Sitharaman on Sunday proposed to set up a Rs 10,000 crore fund to create champion small and medium enterprises (SMEs) to boost the economy.

Presenting Union Budget 2026-27, she also proposed a scheme for container manufacturing to create globally competitive ecosystem.

Also, mega textile parks with focus on value addition to technical textiles would be set up.