Question 1
Cabinet Approves ₹10,000 Crore SME Growth Fund to Support Small and Medium Enterprises
By Rakesh Kushwaha, Lead Tech & Exam Analyst
Economy & Banking
The Union Cabinet has approved a ₹10,000 crore commitment towards establishing the SME Growth Fund (SGF) to provide growth-oriented equity capital to high-potential Small and Medium Enterprises. The fund aims to help promising Indian SMEs scale up and emerge as globally competitive enterprises.
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Question 2
What is the primary purpose of the ₹10,000 crore SME Growth Fund?
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