Odisha signs MoU with BSE, NSE to promote MSMEs to access capital markets

Odisha signs MoU with BSE, NSE to promote MSMEs to access capital markets: During the Make in Odisha Conclave 2022, Government of Odisha has signed an MoU with BSE and NSE to enable local MSMEs to access the capital markets. In order to enable MSMEs to access capital markets, the State signed MOUs with BSE Ltd and NSE Ltd for facilitating the listing of MSMEs from Odisha under the aegis of the MOU, As per the agreement, BSE and NSE shall provide handholding to MSME to impart training and education required for listing and improving financial credibility.

December 2022 Current Affairs Quiz

The MoU was signed at the Make in Odisha Conclave 2022 where a Business Leadership Talk was organised by Finance Department on Emerging Solutions for Financing Industries and Infrastructure.

The session was attended by S S Mundra, Chairman BSE, Ramann, CMD, SIDBI, Mahadeo Jaiswal, Director IIM Sambalpur, Moazzam Mekan from International Finance Corporation, The World Bank, Rachana Bhusari, VP-NSE and PR Jaishankar, MD, IIFCL. The session was moderated by Vishal Dev Principal Secretary Finance Department, Government of Odisha.

The session dealt with two sub-themes, one focusing on financing MSME and the other on infrastructure.  During the session, a few initiatives were announced including, the launch of electronic Bank guarantees in collaboration with National EGovernance Services Ltd.