Union Budget 2022 | Expert committee may facilitate better connect between VC/PEs and authorities
The Hindu
Move to likely help spur the sector, create jobs
The union government has proposed to set up an expert committee to examine and suggest measures to boost venture capital (VC) and private equity (PE) investments.
Finance Miniser Nirmala Sitharaman said VCs and PE investors infused more than ₹5.5 lakh crore last year facilitating one of the largest start-up and growth ecosystems.
“Scaling up this investment requires a holistic examination of regulatory and other frictions. An expert committee will be set up to examine and suggest appropriate measures,” she said in her Budget speech.
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