NSE and UP Government Sign MoU to Boost MSME Capital Access
| Key Aspect | Details |
|---|---|
| Event | Memorandum of Understanding (MoU) signed between Uttar Pradesh Government and National Stock Exchange (NSE). |
| Objective | To facilitate capital-raising opportunities for 96 lakh Micro, Small, and Medium Enterprises (MSMEs) in Uttar Pradesh. |
| Mechanism | MSMEs can raise funds through Initial Public Offerings (IPOs) on the NSE Emerge platform. |
| NSE Emerge Platform | A dedicated platform for MSMEs to access public funding, brand visibility, and a broader investor base. |
| Support Initiatives | NSE to organize seminars, road shows, workshops, knowledge sessions, and MSME camps to enhance IPO awareness among MSMEs. |
| Current Status | As of April 2025, 612 companies listed on NSE Emerge raised over Rs 17,003 crore with a total market capitalization of Rs 1,76,565 crore. |
| Significance | Boosts industrial investment, employment generation, and innovation in Uttar Pradesh; helps MSMEs compete nationally and globally. |
| MSME Policy 2022 | Offers financial assistance of up to Rs 5 lakh to support MSMEs in getting listed on the stock exchange. |
| About NSE | National Stock Exchange of India Limited (NSE) is India's largest financial marketplace, established in 1992. |
| NSE Key Facts | - Ranks fourth globally by equity trading volume (as of 2021).<br>- Introduced first fully automated electronic trading in India.<br>- Operates Nifty 50, its flagship index. |
| Nifty 50 | Flagship index tracking blue chip companies, representing the largest and most liquid Indian securities. |