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    <title>FM announces Rs 10,000 cr fund, other measures to create &#039;Champion&#039; MSMEs</title>
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    <description>Budget establishes a three pronged MSME programme: a Rs 10,000 crore SME Growth Fund and Rs 2,000 crore top up to the Self Reliant India Fund for equity support; liquidity measures leveraging TReDS-mandating TReDS for CPSE purchases, CGTMSE credit guarantees for invoice discounting, GeM TReDS integration, and TReDS receivables as asset backed securities; and professional support through accredited para professionals to assist MSME compliance. Administrative reforms include extended timelines for revised returns, simplified TDS for manpower supply, and converting procedural penalties into fees.</description>
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