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Cabinet approves Rs 10,000 crore SME Growth Fund
The government on Tuesday approved a Rs 10,000-crore fund to set up the SME Growth Fund (SGF) to provide growth capital to small and medium enterprises and help create Indian companies capable of competing globally. According to the government, the initiative, announced in the Union Budget 2026-27, seeks to address the gap in long-term equity capital available to small and medium enterprises,…
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