Cabinet Approves Rs 10,000 Crore SME Growth Fund for Small and Medium Enterprises
The fund would make direct equity investments in small firms, while the proposed authority would centralize planning and monitoring across transport ministries.
- On Tuesday, October 6, 2026, the Union Cabinet, chaired by Prime Minister Narendra Modi, approved a ₹10,000 crore SME Growth Fund and established an Integrated Transport and Logistics Authority to strengthen infrastructure planning.
- Initially announced in the Union Budget 2026, the SME Growth Fund represents a "commitment of Rs 10,000 crore towards establishment of the SME Growth Fund for direct equity investments in Small and Medium Enterprises to create future champions," an official release said.
- The Cabinet also approved the "setting up of Integrated Transport and Logistics Authority to strengthen research, planning, appraisal, monitoring and evaluation within the broad domains of transportation and logistics," the Cabinet note said.
- Operating as a non-profit special purpose vehicle under the Companies Act, ITLA will coordinate across Ministries and undertake technical appraisal of government infrastructure projects costing ₹500 crore or more.
- These initiatives reflect the government's commitment to the vision of Viksit Bharat 2047, while the Cabinet separately approved 4 multitracking projects across West Bengal, Odisha, Tamil Nadu, and Andhra Pradesh.
21 Articles
21 Articles
Cabinet okays integrated transport planning authority, ₹10,000-crore SME fund
The government approved a ₹10,000-crore commitment to the SME Growth Fund (SGF), aimed at addressing the shortage long-term equity capital available to growth-stage small and medium enterprises (SMEs).
The Modi Cabinet approved two major proposals in its cabinet meeting on Tuesday. The first is the establishment of the Integrated Transport and Logistics Authority (ITLA), while the second is related to giving a boost to SMEs.
Centre Approves Rs 10,000 Crore Fund for Equity Capital of SME as FTAs Open Expansion Opportunities
Get latest articles and stories on Business at LatestLY. The Union Cabinet on Tuesday approved a government commitment of Rs 10,000 crore towards the establishment of the SME Growth Fund, aimed at providing direct equity investments to growth-oriented small and medium enterprises and helping create a new generation of Indian companies capable of competing globally. Business News | Centre Approves Rs 10,000 Crore Fund for Equity Capital of SME as…
Cabinet approves Rs 10,000 crore SME Growth Fund to create future champions
New Delhi, Oct 06: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Monday approved the government’s commitment of Rs 10,000 crore towards establishing the SME Growth Fund (SGF) to provide growth capital to small and medium enterprises and help create Indian companies capable of competing globally. The initiative, announced as part of the Union Budget 2026-27, seeks to address the structural gap in growth-stage equity financing ava…
Cabinet approves Integrated Transport and Logistics Authority, Rs 10,000 crore SME growth fund
Integrated Transport and Logistics Authority will prepare a long-term Transport Plan covering roads, railways, ports and shipping, civil aviation, inland waterways, coastal shipping, urban mobility and logistics.
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