PM Modi hails SME Growth Fund as big boost for MSMEs, says ITLA will spur growth

October 6, 2026 10:27 PM

PM Modi hails SME Growth Fund as big boost for MSMEs, says ITLA will spur growth

Prime Minister Narendra Modi on Tuesday described the Cabinet’s approval of the ₹10,000 crore SME Growth Fund as a major boost for the MSME sector and said it would help create the next generation of Indian business leaders. He also highlighted the Cabinet approval for setting up the Integrated Transport & Logistics Authority (ITLA), saying greater coordination, data-led planning and multimodal integration across the transport ecosystem would have a wide-ranging impact on India’s growt...

Cabinet approves setting up of Integrated Transport & Logistics Authority

October 6, 2026 4:21 PM

Cabinet approves setting up of Integrated Transport & Logistics Authority

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the setting up of a Special Purpose Vehicle (SPV) — Integrated Transport and Logistics Authority (ITLA) to strengthen research, planning, project appraisal, monitoring and impact assessment in the transport and logistics sectors.   The move seeks to address challenges arising from fragmented planning and implementation across multiple transport-related Ministries and agencies.   The government said greater coordinat...