Rs 50,000 cr. Equity infusion for MSMEs through Fund of Funds
MSMEs face a severe shortage of Equity.
Fund of Funds with Corpus of Rs 10,000 crores will be set up.
Will provide equity funding for MSMEs with growth potential and viability.
FoF will be operated through a Mother Fund and few daughter funds
Fund structure will help leverage Rs 50,000 cr of funds at daughter funds level
It Will help to expand MSME size as well as capacity.
Will encourage MSMEs to get listed on the main board of Stock Exchanges.