Aiming to create a conducive eco-system for the venture capital in the MSME sector, the government proposes to establish a Rs 10,000 crore fund to act as a catalyst to attract private capital by way of providing equity, quasi equity, soft loans and other risk capital for start-up companies.
In an interaction with SupportBiz.com, Manas Wadhwa, Founder, weddingplz.com, tells us about the idea behind starting this business.
The Gujarat state government has decided to give Rs. 10,000 per month for an year to such youngsters as assistance, to motivate them to do more research and start their own business.
Currently, about 30% of Snapdeal’s sellers are women entrepreneurs.
In September, 2014, market regulator SEBI had notified the norms for listing of InvITs, that would help attract more funds in a transparent manner into the infrastructure sector.
The manufacturing sector output, improved for the 14th month in a row and reached a two-year peak in December.
Dubai Port World had indicated that from January 1 it proposed to implement an across-the-board increase of 3.48 per cent in their handling charges. It is understood that the increase will include all activities.
The standing committee will thereafter submit its report to the central government on the state of rubber and tyre industry with recommendations of means to boost production.
Listing its achievements and initiatives in 2014, the Commerce and Industry Ministry also said that existing infrastructure would be strengthened.
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