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The Economic Times

Economy / The Economic Times

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Govt to pump 5,000 cr into SIDBI to step up credit for MSMEs

The Union Cabinet has approved a Rs 5,000 crore equity infusion into SIDBI to boost credit for MSMEs. This capital, released over three years, aims to increase financial assistance recipients from 76.26 lakh to 1.02 crore by 2028, potentially creating over a crore new jobs.

21 Jan 2026 12:54 pm