₹50,000 cr Self Reliant India fund likely to benefit 5,000 MSMEs: Rane

MSME Minister Narayan Rane said the ₹50,000 crore Self Reliant India fund, announced by Finance Minister Nirmala Sitharaman in May 2020, is likely to benefit around 5,000 MSME units. The fund will make equity investments in MSMEs for their growth, listing on stock markets, and global expansion. The government is its sole anchor investor with initial support of ₹10,000 crore.