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Uttar Pradesh

MoU Signed Between NSE and UP Government

  • 22 Apr 2025
  • 3 min read

Why in News?

Recently, an important Memorandum of Understanding (MoU) has been signed between the Uttar Pradesh Government and the National Stock Exchange (NSE).

Key Points

  • About the MoU: 
    • Its objective is to facilitate capital-raising opportunities for the state's 96 lakh Micro, Small, and Medium Enterprises (MSMEs).
    • NSE Emerge is a dedicated platform designed to connect MSMEs with the capital market, offering opportunities for public funding, increased brand visibility, and access to a broader investor base.
      • Under the agreement, NSE will assist the Uttar Pradesh Government in organizing seminars, road shows, workshops, knowledge sessions and MSME camps to enhance IPO awareness among MSMEs.
    • Through this initiative, MSME units will get access to public capital as well as the confidence of investors.
    • As of April, 2025, 612 companies have been listed on the NSE Emerge platform, raising capital of more than Rs 17, 003 crore and their total market capitalization is Rs 1, 76, 565 crore.
  • Significance:
    • This initiative will boost industrial investment, employment generation and innovation in Uttar Pradesh.
    • MSME will be helped to compete at national and global level.
      • As part of the MSME Policy 2022, financial assistance of up to Rs 5 lakh is being offered to support MSMEs in getting listed on the stock exchange.

National Stock Exchange (NSE)

  • National Stock Exchange of India Limited (NSE) is India's largest financial marketplace.
  • The National Stock Exchange, incorporated in 1992, has evolved into a sophisticated, electronic marketplace, ranking fourth in the world by equity trading volume (as of 2021).
  • It was the first exchange in India to provide modern, fully automated electronic trading.
    • NSE is the largest private wide-area network in India.
  • Nifty 50 is the flagship index of the NSE.
    • The index tracks the behaviour of a portfolio of blue chip companies, the largest and most liquid Indian securities.
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