Access to capital markets: UP govt signs MoU with NSE, BSE to boost MSME

After coming to power last year, the Adityanath govt has persistently been encouraging start-ups and MSMEs to access the capital market

Just days before Prime Minister Narendra Modi lays the foundation of projects worth over Rs 600 billion at a high ticket event in Lucknow on Sunday, the Yogi Adityanath government has tied up with India’s top bourses to facilitate the Micro, Small and Medium Enterprises (MSME) access the capital markets.

UP has signed Memorandum of Understanding (MoU) with National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) for building the capacity of the state MSME sector to raise funds from the markets and list on stock exchanges.

UP chief secretary and infrastructure and industrial development commissioner (IIDC) Anul Chandra Pandey