In 2005, Government merged all the State sponsored housing schemes, Rural Permanent Housing, Urban Permanent Housing and Flood Housing and formulated INDIRAMMA scheme. It covers people living in rural areas in the state of Andhra Pradesh. INDIRAMMA housing is a flagship scheme of the State Government and was launched in 2006 ...
Read More »Embassy Energy to build 200MW solar plant in Karnataka
Bangalore-based real estate developer Embassy Group is planning a 200MW solar PV plant in the Indian state of Karnataka. Embassy plans to further scale its power business and build 1GW of renewable energy projects across India over the next few years, said Anshul Singhal, CEO of Embassy Energy. According to the ...
Read More »Information and Communication technology Policy of WB
West Bengal Information and Communication Technology Policy, 2012 was implemented with the goal of making the state one of the leaders in IT/ ITeS and ESDM sectors and to transform it into a knowledge-driven welfare society. Objective: To be in the top three states in India in terms of turnover ...
Read More »Emerging West Bengal: The new Investment and Industrial Policy
West Bengal Investment and Industrial Policy 2013 In a bid to reduce the financial debt of over $37.88 billion in 2011, West Bengal government formulated Industrial and Investment Policy, 2013. The main agenda of this policy is to improve infrastructure to advance economic growth and also by adding another 4000 ...
Read More »Businesses can save up to 50% of VAT and CST taxes in Rajasthan
Rajasthan Investment Promotion Scheme (RIPS) Rajasthan government is providing a number of incentives and assistance to various industries through a variety of schemes. RIPS was launched in 2014 to attract investments in bigger industries along with a tax saving incentives provided to small industries too. The businesses belonging to small ...
Read More »Government plans mega transhipment hub in Tamil Nadu
Colombo and Singapore ports handle most of the container movement as Indian ports cannot handle larger vessels. Around 2 million TEUs are trans-shipped from India to ports such as Colombo, Singapore, Salalah in Oman, Jebel Ali in Dubai and Malaysian ports. Colombo and Singapore together account for around 66% of ...
Read More »Andhra Pradesh has a new capital, Amaravati
Prime Minister Narendra Modi laid the foundation stone for Amravati, the new capital city of Andhra Pradesh. Pitched as a world-class riverfront capital city, Amaravati will be an energy-efficient and green city with concentration on industrial hubs. Amaravati will be a benchmark for the development of new cities and implementation ...
Read More »Special Benefits for SC/ST Community in WB
Special Component Plan and Tribal Sub Plan are strategies for Scheduled Caste and Scheduled Tribes that were introduced in by the central government in the Sixth Five Year plan to give the people of SC/ST community their share of physical as well as financial benefits and dues. In the state ...
Read More »Self-Employment Schemes for Minority Communities in WB
Self-employment Schemes under West Bengal Minorities Development & Finance Corporation (WBMDFC) are schemes launched by the state to provide loans to promising entrepreneurs from minority communities i.e. Muslims, Christians, Buddhists, Sikhs, Farsi, etc to improve their finances as well as a social condition. Loan provided: A term loan is given ...
Read More »Rajasthan Investment Promotion Scheme (2014-19): What is there for MSME?
Last year, the government of Rajasthan launched a scheme to promote investment for creation of large scale of job opportunities. The RIPS scheme will promote investment made by enterprises in establishing a new unit, expansion of an existing unit and investment made in revival of a sick unit. This scheme ...
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