Consider the following statements regarding the Self-Reliant India (SRI) Fund:
- The SRI Fund operates through a mother-fund and daughter-fund structure for equity or quasi-equity investments in MSMEs.
- It is implemented by the National Small Industries Corporation (NSIC) Venture Capital Fund Limited (NVCFL), designated as the Mother Fund.
- Rs. 40,000 crore of the SRI Fund is sourced directly from the Government of India for equity infusion in MSMEs.
Which of the above statements is/are correct?
1
Only 1
2
Only 1 and 2
3
Only 2 and 3
4
Only 1 and 3
5
All 1, 2, and 3