NSE and West Bengal Government Ink MOU to Boost SME Fundraising

24 Nov 2023 CW Team

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.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..