Generation Based Incentive (GBI) was announced by the Ministry of New and Renewable Energy (MNRE) for Grid Interactive Wind and Solar Power Projects with the main aim to broaden the investor base, facilitate the entry of large Independent Power Producers and to provide level playing field to various classes of ...
Read More »New pension scheme offers ‘respectable’ returns to elders: FM Arun Jaitley
NEW DELHI: Finance Minister Arun Jaitley today said the Pradhan Mantri Vaya Vandana Yojana (PMVVY) will provide a “respectable” rate of return to senior citizens at a time when interest rates are falling globally. PMVVY is a pension scheme exclusively for senior citizens (aged 60 years and above) which is ...
Read More »10 things to know about Pradhan Mantri Vaya Vandana Yojana
Influenced by the success and popularity of Varishtha Pension Bima Yojana 2003 and Varishtha Pension Bima Yojana 2014 schemes, and to protect elderly people aged 60 years and above in the falling interest regime, the Modi government recently announced the launch of a simplified scheme of assured pension, called Pradhan ...
Read More »Delhi government launches scholarship scheme named ‘merit cum means’
Delhi government on Tuesday launched ‘merit cum means’ scholarship scheme in the national capital, with an aim to benefit the students from poor and moderate means of income group. Deputy Chief Minister Manish Sisodia, while making the announcement in New Delhi, said the scholarship scheme would be a fee waiver ...
Read More »TruJet to add 10 destinations with 7 aircraft under UDAN scheme
Hyderabad-based TruJet, one of the private airlines, which has bagged travel routes under UDAN (Ude Desh ka Aam Naagrik) scheme is planning to add 10 destinations with seven aircraft. The airline started operations in July 2015 and is currently catering to seven destinations with 16 flights. Antara Dey, spokesperson of the ...
Read More »Uber bike taxi scheme
Punjab Chief Minister Captain Amarinder Singh will on July 24 flag off the first set of 100 Uber bike taxis, under a new scheme aimed at generating jobs for the state’s unemployed youth. Uber’s South Asia Public Policy Director Shweta Rajpal Kohli called on the chief minister here today to ...
Read More »Get Rs.15 Lakhs reimbursement or 50% of total expenses in filling international patent
The scheme, launched by the Indian government, aims to provide financial support to MSMEs and technology startup units for international patent filing to encourage innovation and recognise the value and capabilities of global IP along with capturing growth opportunities in the ICTE sector. Objective: Support for international patient protection in ...
Read More »Gold monetisation scheme
After banks, the government is considering allowing non-banking financial companies and (NBFCs) some other financial institutions to take gold deposits to boost the performance of the gold monetisation scheme, a senior finance ministry official told FE. Any such move could facilitate the participation of players like Muthoot Finance and Manappuram ...
Read More »GST: Composition Scheme not applicable for ice-cream, tobacco product makers, says Hasmukh Adhia
Manufacturers of ice-cream, tobacco products and service providers, except restaurateurs, cannot avail of the Composition Scheme under the Goods and Services Tax (GST), Revenue Secretary Hasmukh Adhia said on Wednesday. “Suppliers of services, except restaurants, and any person who makes inter-state supplies or is engaged in manufacturing of certain goods, ...
Read More »Biotechnology Ignition Grant Scheme (BIG)
The Biotechnology Ignition Grant (BIG) scheme of the Biotechnology Industry Research Assistance Council (BIRAC), Government of India. The scheme enables technology innovators and entrepreneurs to pursue a promising technology idea, and establish and validate proof of concept (POC) for the idea. By funding establishment and validation of POC, BIRAC wishes ...
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