New Delhi, Feb. 1 -- Finance Minister Nirmala Sitharaman on Sunday unveiled a comprehensive set of initiatives for the Micro, Small and Medium Enterprises (MSMEs) sector while presenting the Union Budget 2026-27 in Lok Sabha.

The aim of the initiatives is to create 'champion SMEs' and supporting micro enterprises. The finance minister recognised 'MSMEs as a vital engine of growth' and proposed equity support for the Small and Medium Enterprises (SMEs).

As part of the equity support, the minister introduced a dedicated Rs 10,000 crore SME Growth Fund to incentivise the enterprises on select criteria, and create future Champions.

She also proposed to top up the Self Reliant India Fund with Rs 2000 crore for continued support to micro ent...