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Stock exchanges turn to Centre, state govts to fund SME share sales

The plea comes at a time when coronavirus pandemic has crippled business activity, with SMEs being the worst-hit

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BSE saw three SME listings recently despite the nationwide lockdown. | Photo: Sanjay K Sharma

4 min read Last Updated : Apr 30 2020 | 1:32 AM IST

Stock exchanges have approached the Centre and state governments for part-funding share sales of small and medium enterprises (SMEs).

The NSE has asked several state governments to bear a portion of the issue expenses of SMEs, which want to list, subject to an upper ceiling, sources said. The exchange has also approached the Centre for setting up a fund that can invest in listed SMEs. “The exchange is trying to educate SME promoters about the benefits of listing on the platform. Any investment from the Centre in a listed SME will add immensely to its credibility,” said a source familiar with

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