Fund of Funds Scheme (FFS): Powering India’s Startup Revolution Credit: SIDBI The Fund of Funds for Startups (FFS), launched in 2016 under the Startup India initiative, has emerged as a cornerstone of India’s entrepreneurial ecosystem. As of December 31, 2022, the scheme has committed ₹7,980 crore to 99 Alternative Investment Funds (AIFs) and disbursed ₹3,400 crore to 72 AIFs, […]
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Credit: PIB India’s Export Boom: Historic Highs and Strategic Growth Drivers India’s export sector has achieved a historic milestone, surging to an unprecedented USD 778.21 billion in 2023-24, marking a staggering 67% growth from USD 466.22 billion in 2013-14. This remarkable expansion underscores India’s rising prominence in global trade, fueled by robust performances in merchandise and services exports.
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Mutual Credit Guarantee Scheme for MSMEs: Empowering Small Businesses with Easy Credit Access Introduction to MSMEs and Their Economic Role Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the Indian economy, contributing significantly to the Gross Domestic Product (GDP) and employment generation. In India, MSMEs account for about 30% of GDP and employ
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