Adityanath govt to encourage start-ups, SMEs to access capital market

UP has a large MSME base estimated at over 5 million, contributing 60% to its annual industrial output

Even as the Yogi Adityanath government has received big ticket investment proposals of about Rs 4.3 trillion at the recent UP Investors Summit 2018, the state is working on its agenda to encourage start-ups and Small and Medium Enterprises (SME) access capital market for growth.

The state government has now signed a Memorandum of Understanding (MoU) with the National Stock Exchange (NSE) for enhancing financing opportunities for SMEs by listing on NSE’s SME platform, NSE Emerge. The government wants the SME sector to rise to the challenges of rising competition and technology upgrade for boosting economic activity and