Govt. Initative

Venture Capital Assistance is financial assistance in the form of an interest-free loan to qualifying projects to help them achieve their capital requirements for project implementation. To aid agribusiness growth in the country, the SFAC venture capital plan will provide financial support for the compilation of bankable Detailed Project Reports, ...

The Single Point Registration Scheme (SPRS) is an NSIC development programme aimed at assisting MSMEs in India.  MSMEs with an NSIC registration plan are free from making an Earnest Money Deposit (EMD) in government purchases if they choose this scheme. The money obtained from a bidder as a security deposit ...

Over 50 startup programmes have been created by the Indian government to aid the country’s startup mission. The Multiplier Grant Scheme was established to promote industries by partnering with cutting-edge academic and government research and development organisations that are involved in the development of goods and packages. MGS intends to ...

In order to boost the start-up ecosystem, the Indian government offers a variety of incentives in the form of initiatives and financial assistance. Many citizens are encouraged to establish their own businesses as a result of this support; thus, the ministry of electronics and information technology has created the MeitY ...

The Senior Citizens Savings Scheme (SCSS) has made lives of senior citizens easier with the main aim of providing senior citizens of the country a regular income after they attain the age of 60 years old. Some of the main benefits of the scheme are: Tax benefits are provided Safe ...

The Government of India has announced the stimulus package of Rs. 900 crore for the Mission COVID Suraksha, the Indian Covid-19 Vaccine Development Mission, which will help the development process of the vaccine candidates. ‘Mission COVID Suraksha- the Indian COVID-19 Vaccine Development Mission’, was announced as part of the third stimulus package, AtmanirbharBharat3.0, for promoting ...

Uttar Pradesh Power Corporation Limited (UPPCL) aims to give compensation for victims of Electrical accidents who are citizens of their state . OBJECTIVE The main objective of the UPPCL electricity accident compensation scheme is to provide compensation in a hassle-free manner COMPENSATION WOULD BE PROVIDED TO: Any departmental employee Contractual ...

Introduction Uttar Pradesh Government will start UP Chief Minister Apprenticeship Promotion Scheme 2022 (UP CMAPS). In this CMAPS Scheme, UP state govt. will provide training to applicant youths and link them with definite employment for a specified duration. As many as 50,000 youths will be trained under the various initiatives ...

The PLI scheme stands for Production Linked Incentive Scheme. With this scheme, the Government of India aims to boost domestic manufacturing. Additionally, it attracts investments in the target segments of the products. As a result of all this, it encourages “Make in India” too. Moreover, the PLI intends to attract ...

The Finance Minister while presenting the budget this year announced on setting up of 75 digital banking units in 75 districts in the country. Digital Banking Units will facilitate all the traditional bank work like depositing cheques, pay-in slips, etc digitally. Background: Since the demonetization of the national currency in ...