FM proposes Rs 10,000 cr SME fund in Budget

New Delhi: 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 a globally competitive ecosystem.

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

She also proposed Mahatma Gandhi Gram Swaraj initiative to strengthen Khadi handloom.

Besides, there would be a scheme to revive 200 legacy industrial clusters.

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