Chandrajit Banerjee: How India’s SME Growth Fund could create globally competitive businesses
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Summary
Small and midsized firms have the most potential to scale operations, raise productivity, integrate into global value chains and create high-quality domestic employment. Here's how the Centre's funding of promising enterprises can create a new generation of exporters.
Key Facts
TypeNews
SourceLivemint - Opinion
PublishedMonday, 12 October 2026
Affected Population~350 million BPL population, 140 million elderly
Key Numbers
PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
4 Labour Codes consolidating 29 laws
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Key Stakeholders
Government Context
NDA IIIBJP-led NDA
LeftCentreRight