Self Reliant India (SRI) Fund Scheme Latest News
The Self Reliant India (SRI) Fund scheme, which supports MSMEs with equity infusion, has invested around Rs 10,979 crore in 577 MSMEs as of March 2025 since its launch.
About Self Reliant India (SRI) Fund Scheme
- The Self Reliant India (SRI) Fund has been set up to infuse Rs. 50,000 crore as equity funding in those MSMEs which have the potential and viability to grow and become large units.
- Under this fund of Rs. 50,000 crore, there is a provision of Rs. 10,000 Crore from the Government of India and Rs. 40,000 Crore through Private Equity/Venture Capital funds.
- SRI fund operates through a mother-fund and daughter-fund structure for equity or quasi-equity investments.
- The SRI Fund is being implemented by NSIC Venture Capital Fund Limited (NVCFL), which is an Alternative Investment Fund (AIF) of Category II registered with SEBI.
- SRI fund is oriented to provide the funding support through NVCFL to the Daughter Funds for onward provision to MSMEs as growth capital, in the form of equity or quasi-equity, for the following:
- Enhancing equity/equity-like financing to MSMEs and listing of MSMEs on stock exchanges.
- Supporting faster growth of MSME businesses and thereby ignite the economy and create employment opportunities.
- Supporting enterprises which have the potential to graduate beyond the MASME bracket and become National/International Champions.
- Supporting MSSMEs, which help make India self-reliant by producing relevant technologies, goods, and services.
- The Daughter Funds shall invest at least 5 times the amount of capital contribution received from SRI Fund (net of fees and expenses) in MSMEs, covered under the Micro, Small & Medium Enterprises Development Act, 2006.
Self Reliant India (SRI) Fund Scheme FAQs
Q1: What is the total corpus of the Self Reliant India (SRI) Fund?
Ans: ₹50,000 crore
Q2: The SRI Fund is implemented by which organization?
Ans: NSIC Venture Capital Fund Limited (NVCFL)
Q3: The SRI Fund follows which investment model?
Ans: Mother-Fund and Daughter-Fund Structure.
Source: FE
Last updated on June, 2025
→ UPSC Notification 2025 was released on 22nd January 2025.
→ UPSC Prelims Result 2025 is out now for the CSE held on 25 May 2025.
→ UPSC Prelims Question Paper 2025 and Unofficial Prelims Answer Key 2025 are available now.
→ UPSC Calendar 2026 is released on 15th May, 2025.
→ The UPSC Vacancy 2025 were released 1129, out of which 979 were for UPSC CSE and remaining 150 are for UPSC IFoS.
→ UPSC Mains 2025 will be conducted on 22nd August 2025.
→ UPSC Prelims 2026 will be conducted on 24th May, 2026 & UPSC Mains 2026 will be conducted on 21st August 2026.
→ The UPSC Selection Process is of 3 stages-Prelims, Mains and Interview.
→ UPSC Result 2024 is released with latest UPSC Marksheet 2024. Check Now!
→ UPSC Toppers List 2024 is released now. Shakti Dubey is UPSC AIR 1 2024 Topper.
→ Also check Best IAS Coaching in Delhi
Tags: Prelims Pointers self reliant india (sri) fund upsc current affairs upsc prelims current affairs
