Haryana Govt and BSE ink pact to facilitate MSMEs raise capital

Last Updated: July 21, 2019

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Haryana Govt and BSE ink pact to facilitate MSMEs raise capital
21 July 2019 Current Affairs: Government of Haryana and India’s leading Bombay stock exchange(BSE) signed a pact to encourage and support state’s micro, small and medium enterprises (MSMEs) to raise capital.
The tie-up will enable SMEs(Small and medium-sized enterprises)to raise funds through the platform “BSE SME”, 
The small companies can list and raise productive capital, gain visibility and credibility.
Small enterprises get equity financing opportunities for their growth.
The expansion is done in a detailed platform.
The listing increase the investor base helps in getting secondary equity financing, including private placement, among others.
The partnership creates MSMEs as major employment providing sectors in the Haryana state.

About BSE:
Founded: 9 July 1875
Headquarters: Mumbai, Maharashtra
Chairman: Vikramajit Sen
MD & CEO: Ashishkumar Chauhan

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