National Stock Exchange signs pact with Uttrakhand government to fuel MSMEs growth in state

The National Stock Exchange (NSE) has recently signed pact with the Uttarakhand government to provide access to capital to MSMEs, which will fuel growth of such entities in the state. The bourse will play an active role in nurturing the SMEs and start-ups by increasing awareness along with the government on the opportunities to raise capital, SME exchange guidelines, listing processes, compliances with listing agreement among others. As part of the pact, the exchange will support the efforts of the government in enhancing the financing opportunities for micro, small and medium enterprises (MSMEs) in the state, through listing on NSE’s SME platform– Emerge. On its part, the government will facilitate MSMEs to get listed on the NSE Emerge, by supporting such entities financially or otherwise, in bearing the expenses related to listing.