+
NSE and West Bengal Government Ink MOU to Boost SME Fundraising
ECONOMY & POLICY

NSE and West Bengal Government Ink MOU to Boost SME Fundraising

The National Stock Exchange (NSE) has joined forces with the West Bengal government through a Memorandum of Understanding (MOU), aiming to foster a conducive environment for Small and Medium Enterprises (SMEs) to raise capital. This collaboration seeks to streamline fundraising processes and contribute to the economic growth of the region.

The MOU reflects a commitment to enhancing the financial landscape for SMEs, a crucial sector for economic development. The partnership between NSE and the West Bengal government signifies a strategic alliance to create a supportive framework for SMEs seeking funds for expansion, innovation, and overall business development.

Key aspects of the MOU include initiatives to simplify regulatory processes, facilitate access to capital markets, and provide guidance for SMEs navigating fundraising challenges. By leveraging the expertise of NSE and the proactive approach of the West Bengal government, this collaboration aims to empower SMEs, enabling them to contribute significantly to the economic vitality of the state.

As India focuses on economic recovery and growth, such partnerships play a pivotal role in fostering a robust ecosystem for SMEs, aligning with broader national development objectives. The NSE-West Bengal government MOU exemplifies a proactive stride toward creating an environment that encourages entrepreneurship and facilitates the sustainable expansion of SMEs in the region.

The National Stock Exchange (NSE) has joined forces with the West Bengal government through a Memorandum of Understanding (MOU), aiming to foster a conducive environment for Small and Medium Enterprises (SMEs) to raise capital. This collaboration seeks to streamline fundraising processes and contribute to the economic growth of the region. The MOU reflects a commitment to enhancing the financial landscape for SMEs, a crucial sector for economic development. The partnership between NSE and the West Bengal government signifies a strategic alliance to create a supportive framework for SMEs seeking funds for expansion, innovation, and overall business development. Key aspects of the MOU include initiatives to simplify regulatory processes, facilitate access to capital markets, and provide guidance for SMEs navigating fundraising challenges. By leveraging the expertise of NSE and the proactive approach of the West Bengal government, this collaboration aims to empower SMEs, enabling them to contribute significantly to the economic vitality of the state. As India focuses on economic recovery and growth, such partnerships play a pivotal role in fostering a robust ecosystem for SMEs, aligning with broader national development objectives. The NSE-West Bengal government MOU exemplifies a proactive stride toward creating an environment that encourages entrepreneurship and facilitates the sustainable expansion of SMEs in the region.

Next Story
Building Material

UltraTech’s Limestone Mine Gets India’s First-Ever 7-Star Rating

UltraTech Cement, India’s largest producer of cement and Ready-Mix Concrete (RMC), has received top honours for sustainable mining practices. Thirteen of the company’s limestone mines were awarded star ratings by the Indian Bureau of Mines (IBM), Ministry of Mines, for FY 2023–24 during a ceremony held in Jaipur, Rajasthan. Among these, the Naokari Limestone Mine—part of UltraTech’s Awarpur Cement Works in Chandrapur, Maharashtra—was awarded India’s first-ever 7-star rating for a limestone mine, in recognition of exceptional performance in ‘Green Mining’. The remain..

Next Story
Infrastructure Urban

Sieger Parking Enters Mumbai Market, Expands West India Presence

Sieger Parking, a Coimbatore-headquartered specialist in automated and multi-level car parking systems, has announced its entry into Western India with the launch of a regional office in Mumbai. This move marks a key milestone in the company’s pan-India growth strategy and its commitment to delivering technology-driven, space-efficient parking solutions across urban India. The Mumbai office will serve as the regional headquarters for Maharashtra and neighbouring states, supporting end-to-end operations with on-ground sales, project management, and service teams. The aim is to fast-track..

Next Story
Resources

IGBC Green Kochi Conclave 2025 Champions Culture and Climate Action

The Indian Green Building Council (IGBC), part of CII, hosted the Green Kochi Conclave 2025 on 4 July at Hotel Holiday Inn, Kochi, under the theme “Tharavadu to Tomorrow: Weaving Kerala’s Heritage into a Sustainable Built Environment.” The event brought together policymakers, architects, developers, and thought leaders to discuss Kerala’s progress in blending cultural heritage with sustainable design.  Kerala is emerging as a frontrunner in climate-resilient development, thanks to passive design strategies, rainwater harvesting, cool roof initiatives, and the widespread adopt..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?