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October 2026
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Startup & MSMECabinet approves ₹10,000 crore Government commitment to SME Growth Fund for direct equity investment in small and medium enterprises
₹10,000 crore for SME equityNew facilityThe Union Cabinet on 6 October 2026 approved a Government of India commitment of ₹10,000 crore towards the SME Growth Fund (SGF), which is to provide growth equity capital to small and medium enterprises. The money goes to an Alternative Investment Fund set up under the SGF framework, and the majority allocation is to be made to small and medium manufacturing-focused enterprises. The release does not give eligibility conditions, a fund manager or a start date.
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