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15 July 2026 BANKING

The Ministry of Micro, Small and Medium Enterprises (MSME) has mandated that all Central Public Sector Enterprises (CPSEs) must route the settlement of invoices related to procurement from MSMEs through the Trade Receivables Discounting System (TReDS).

The TReDS mechanism has been progressively expanded, starting with mandatory onboarding for CPSEs and companies with a turnover above ₹500 crore in 2018. The threshold was lowered to ₹250 crore in 2024, and mandatory TReDS settlement will be implemented from June 30, 2026.

According to the Ministry of MSME, invoice financing through the TReDS platform has grown from ₹40,000 crore in FY22 to ₹3.47 trillion in FY26. It is to be noted that the TReDS is an electronic platform regulated by the RBI that facilitates the financing and discounting of trade receivables of MSMEs by multiple financiers.

27 April 2026 NATIONAL

The Department for Promotion of Industry and Internal Trade (DPIIT) has issued operational guidelines for the “Startup India Fund of Funds 2.0” (FoF 2.0) to streamline capital flow into the national startup ecosystem. The scheme operates with a corpus of ₹10,000 crore.

Under the scheme, capital will be allocated through commitments to Category I and II Alternative Investment Funds (AIFs) registered with the SEBI. These AIFs are required to invest in startups recognized by the DPIIT. The Small Industries Development Bank of India (SIDBI) will serve as the initial Implementation Agency to oversee the selection and monitoring of the participating AIFs.

14 April 2026 NATIONAL

The Government of India has notified the “Startup India Fund of Funds 2.0” (Startup India FoF 2.0) with a total corpus of ₹10,000 crore to mobilise venture and growth capital for the domestic startup ecosystem.

This initiative is the successor to the “Fund of Funds for Startups” (FFS 1.0) launched in 2016 under the “Startup India Action Plan” to address funding gaps and catalyse domestic capital. The Startup India FoF 2.0 will facilitate commitments to eligible Alternative Investment Funds (AIFs) across the 16th and 17th Finance Commission cycles.

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