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Encourage venture funding in SME sector

Kolkata, May 11 (IBNS) SME sector in India is managed by the promoter families and is considered to be the backbone of growth of Indian Economy today. Any large establishment has ancillary operation which are also run by these SME sector. The main cost component is the cost of fund which are borrowed mainly from nationalized banks in excess of promoters own contribution.

by By Debasish Dutta May 14, 2016