Need for separate SME stock exchange, says FM

ign="center">at lower cost to SMEs,” said Vishal Bajaj,
Finance minister, Pranab Mukherjee, has once againsenior analyst at RiddhiSiddhi Securities, a small-sized
reiterated the need to establish a separate tradingsecurities trading firm in Jaipur.
platform for SMEs in India, while addressing theThe FM revealed that no timeline has been set by
speaker at Rajya Sabha.SEBI to establish a separate stock exchange for
Speaking at the Upper House of the Parliament, MrSMEs.
Mukherjee stated, “Given that the criteria toFor more detail on Business Directory log on to
get listed on a stock exchange is quite different forDavid Parks is a well known author and has written
SMEs from the ones already listed on the Nationalarticles on India Business News and India Finance,
Stock Exchange (NSE) and the Bombay Stocksuppliers, Manufactures and many other subjects.
Exchange (BSE), there is a need for separate stockReport this article
exchange for SMEs.”This article is free for republishing
Although last year, the Securities and ExchangeSource:
Board of India (SEBI) announced norms to set up aRepublish this article
separate stock exchange for SMEs, it changed its
stance in November this year.Ask a Question About this Article
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