Question
What is the total corpus of the Self-Reliant India Fund
launched by the government to provide equity funding to MSMEs?Solution
The Self-Reliant India Fund was launched with a corpus of ₹50,000 crore to provide equity funding to Micro, Small, and Medium Enterprises (MSMEs) with the potential to scale up. Significance of the Self-Reliant India Fund: o Enhances access to growth capital for MSMEs, reducing reliance on debt financing. o Encourages private equity and venture capital investments in the MSME sector. o Supports industrial clusters and supply chain development across multiple sectors.
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