Under this scheme total size of the fund of Rs50,000cr has a provision of Rs10,000cr from the Government of India and Rs40,000cr leverage through Private Equity / Venture Capital funds.
The guidelines of the fund have been issued. This initiative is aimed at providing growth capital to the deserving and eligible units of the MSME sector.
This information was given by Minister for Micro. Small and Medium Enterprises Narayan Rane in a written reply in the Rajya Sabha on Monday.