The central government has announced a ₹10,000 crore SME Growth Fund with the aim of making the country's small and medium enterprises (SMEs) a global leader. In addition, an additional ₹2,000 crore has been allocated to the existing 'Self-Reliant India' (SRI) Fund. These measures are aimed at making it easier for MSMEs to access the capital they need and ensuring their growth.

The government has made it mandatory for MSMEs to get quick funding through the digital invoice discounting platform TReDS. All purchases made by government public sector undertakings from MSMEs will now be through this platform. In addition, there are plans to provide credit guarantees for loans and ensure quick funding at low cost by linking it with the Government e-Marketplace (GeM) and TReDS.

Short-term courses will be launched to train experts under the name 'Corporate Mitra' to help small enterprises complete legal requirements at a low cost. The budget has also decided to provide more financial assistance to institutions like SIDBI to stimulate the manufacturing sector and create more employment opportunities.