Cabinet Approves Rs 5,000 Crore Capital Infusion for SIDBI

The Union Cabinet has approved an equity infusion of Rs 5,000 crore into SIDBI to strengthen credit flow to MSMEs. The move will help SIDBI maintain capital adequacy and expand lending, benefiting MSMEs across the country. The government said the initiative could support over one crore MSMEs by 2028 and generate more than 1.12 crore jobs by 2027–28 through improved access to affordable credit.