India's Finance Minister Nirmala Sitharaman holds a folder bearing the Government of India's emblem as she leaves her office to present the annual federal budget in parliament in New Delhi, India, February 1, 2026. Presenting the Union Budget 2026-2
02-02-2026India's Finance Minister Nirmala Sitharaman holds a folder bearing the Government of India's emblem as she leaves her office to present the annual federal budget in parliament in New Delhi, India, February 1, 2026. Presenting the Union Budget 2026-27 on Sunday, finance Minister Nirmala Sitharaman announced a slew of measures aimed at boosting economic growth, supporting micro, small and medium enterprises (MSMEs), and strengthening India's startup and innovation ecosystem. As part of the proposals, Sitharaman said the government will top up the Self-Reliant India (SRI) Fund with an additional Rs 2,000 crore ($218 million). "I also propose to top up the Self-Reliant India Fund, set up in 2021, with Rs 2,000 crore to continue support to micro enterprises and maintain their access to risk capital," she said. The SRI Fund is a government-backed equity investment initiative focused on providing growth capital to MSMEs with the potential to scale into larger businesses and contribute to economic growth. Launched in 2020-21 under the Atmanirbhar Bharat programme, it was created to address the funding gap faced by the MSME sector. For Further reading please click on the link https://www.vccircle.com/budget2026-govt-to-top-up-sri-fund-launch-1-09-bn-sme-growth-vehicle