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Goa govt inks pact with BSE to promote state SMEs

Updated: Jan 07, 2023 09:04:10am
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Goa govt inks pact with BSE to promote state SMEs

Panaji, Jan 7 (KNN) The government of Goa inked a pact with leading stock exchange BSE on Friday to promote development of SMEs in state.

The primary aim of this partnership is to create awareness amongst SMEs in the state on the benefits of listing on the Exchange as well as guide them on the efficient ways of raising capital through equity infusion.

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Under this partnership, the Goa department of Industries and Commerce will offer support in mobilizing the SME representatives through the District Industries Centre as well as the State/Regional associations/chambers encouraging their SME members to attend capacity-building programs organized by the Exchange.

“SMEs play an important role in the growth of the economy and the BSE SME Exchange was created with a vision and mission of addressing the unmet needs of thousands of SMEs in India,” said Sundararaman Ramamurthy, MD &CEO, BSE.

BSE in this partnership will be responsible for conducting training and capacity-building support to District Industries Centre officials.

They will also provide end-to-end solutions and facilitate SMEs with respect to registration/listing on the platform.

Besides, joint seminars will be conducted by both parties to educate the SMEs on listing.

BSE in association with different industry associations will conduct at least 10 awareness generation/capacity building and follow-up meets for SMEs will be offered in a span of a year.  (KNN Bureau)

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