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Friday, Feb 22, 2008
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Opinion - Letters
Support to SMEs

The Budget must provide aggressive equity support to the SME (small and medium enterprise) sector. To meet the challenges of the global markets and to modernise their existing technology, SMEs need long-term funds in the shape of equity. Unfortunately, they do not have any feasible access to the IPO market. The South Korean model of equity support to the SMEs is really inspiring.

Ravi Vasudev Faridabad

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