The government has constituted an expert committee to examine and suggest appropriate measures to address regulatory and other issues to enable scaling up investments by venture capital and private equity investment. Finance Ministry said the six-member panel will be headed by former SEBI chairman M Damodaran. The committee will suggest measures to further accelerates investment into start-ups and sunrise sectors.
In her Budget speech 2022-23, Finance Minister Nirmala Sitharaman proposed to set up an expert committee to examine and suggest appropriate measures to scale venture capital and private equity investments in India.
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