ASSIGNMENT代写

惠灵顿代写assignment:风险投资行业

2017-03-01 08:56

截至1995年底,在缺乏有组织的风险投资行业的情况下,个人投资者和发展性金融机构在印度扮演了风险投资家的角色。企业家在很大程度上依赖于私人配售,公开发行和金融机构的贷款。1973,中小企业发展委员会强调要培育创业资本作为新的企业家和技术的资金来源。此后,一些公共部门的基金成立,但风险资本的活动并没有聚集的势头,因为推力是在纯粹的财务,而不是一个全面的基础上资助的高科技项目。 后来,一个研究是由世界银行进行的,对私人部门的风险投资发展的可能性,在此基础上,印度政府采取了政策倡议和公布的风险资本基金指南(VCF)在印度1988。 然而,这些准则限制建立VCFs的银行或金融机构只。此后,印度政府于1995九月发出指引,在海外投资创业投资在印度。免税的目的,指导方针也由直接税的中央委员会发布(CBDT)和投资流动的外汇流入和流出的印度已由印度储备银行(RBI)的要求。此外,为规范其任务的一部分,开发印度资本市场,印度证券交易委员会(SEBI)诬陷SEBI(风险投资基金)的规定,1996。这些准则于2000四月进一步修订,目的是推动印度风险投资活动的发展。

惠灵顿代写assignment:风险投资行业

In the absence of an organised Venture Capital industry until almost 1995, individual investors and development financial institutions played the role of venture capitalists in India. Entrepreneurs have largely depended upon private placements, public offerings and lending by the financial institutions. In 1973, a committee on Development of Small and Medium Enterprises highlighted the need to foster venture capital as a source of funding new entrepreneurs and technology. Thereafter some public sector funds were set up but the activity of venture capital did not gather momentum as the thrust was on high-technology projects funded on a purely financial rather than a holistic basis.
Later, a study was undertaken by the World Bank, to examine the possibility of developing Venture Capital in the private sector, based on which the Government of India took a policy initiative and announced guidelines for Venture Capital Funds (VCFs) in India in 1988.
However, these guidelines restricted setting up of VCFs by the banks or the financial institutions only. Thereafter, the Government of India issued guidelines in September 1995, for overseas investment in Venture Capital in India. For tax-exemption purposes, guidelines were also issued by the Central Board of Direct Taxes (CBDT) and the investments and flow of foreign currency into and out of India have been governed by the Reserve Bank of India's (RBI) requirements. Further, as a part of its mandate to regulate and to develop the Indian capital markets, the Securities and Exchange Board of India (SEBI) framed the SEBI (Venture Capital Funds) Regulations, 1996. These guidelines were further amended in April 2000 with the objective of fuelling the growth of Venture Capital activities in India.