New fund for defence enterprises

Note4students

Mains Paper 3: Economy | Mobilization of resources

From UPSC perspective, the following things are important:

Prelims level: Defence and Aerospace SME fund

Mains level: Make in India in defense sector


News

Defence and Aerospace SME fund

  1. The Indian government is planning to set up a new fund for small and medium defence enterprises
  2. It will be a dedicated Defence and Aerospace SME fund

Details of the fund

  1. The fund will be registered with SEBI and minority stake can be taken up by investors
  2. The fund will help channelize investments to the two defence corridors, in Uttar Pradesh and Tamil Nadu
Defence Sector – DPP, Missions, Schemes, Security Forces, etc.
  • Subscribe

    Do not miss important study material

Leave a Reply

Please Login to comment
  Subscribe  
Notify of