UbharteSitare Fund
On 21st August, 2021, the government launched Rs 250 crore worth Alternative Investment Fund-UbharteSitaare, for export-oriented small and mid-sized companies.
Objectives
- To enhance India’s competitiveness in select sectors through finance and extensive handholding support.
- To identify and nurture companies having differentiated technology, products or processes, and enhance their export business.
- To assist units with export potential, which are unable to scale up their operations for want of finance.
- To assist existing exporters in widening their basket of products and target new markets through a strategic and structured export market development initiative.
About the Fund
- The fund has been set up by Exim Bank ....
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