Trade Related Entrepreneurship Assistance and Development (TREAD) scheme was launched by the central government for illiterate and semi-literate women in rural and urban India to improve their overall condition. It has been put into action with the 12th year plan. This economic scheme focuses on women empowerment through trade related ...
Read More »5 upcoming schemes every entrepreneur should know
The country where finding investments and support for your business remains a tough task. Understanding this, the new government has launched schemes especially to boost the small industries and start-ups. These schemes will be soon available for the consumption purpose. Indian Prime Minister Narendra Modi focus on making India one ...
Read More »A scheme- to Empower Rural Women Entrepreneurs
Mahila Coir Yojana (MCY) is the first women-centric self employment scheme to develop entrepreneurship among rural women in regions that produce coir fibre. The production of coir fibre in recent India has increased in a substantial manner. The scheme was officially launched in 1994 under the policy – “Training, Extension, ...
Read More »Without third party guarantee get loan up to 1 crore for your business
Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGMSE) CGMSE was launched by the Indian government to provide collateral/security free loans to micro and small enterprise sector. A Trust was established by Ministry of MSMEs and Small Industries Development Bank of India (SIDBI) to implement this scheme. 80% of ...
Read More »Open a government sponsored pharma store and secure a guaranteed monthly income
New Jan Ausadhi Store (JAS) The JAS scheme launched by the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, and Indian government, aims to make quality generic medicines throughout the country. Currently, the scheme focuses on opening a JAS in every district of all the states and it is expected ...
Read More »Scheduled Caste Entrepreneurs may now avail Special Loans
The central government plans to upgrade the employment status and financial condition of SC entrepreneurs via a special grant named Venture Capital Funds. It was launched with minimum funds of Rs.200 Crore and will be sponsored by the Industrial Finance Corporation of India (IFCI). IFCI would act as a Nodal ...
Read More »Become a Suryamitra to secure a job in Solar Energy sector
Suryamitra Skill Development Programs (SSDP) Indian Prime Minister Narendra Modi has increased the target of installing 1, 00,000 MW of solar energy (SE) by 2022, much higher than previous target of 20,000 MW set by last government in 2010. The increased focus of government on renewable energy will create ...
Read More »MSME? Get up to 25 Lacs through PMEGP
PMEGP: Prime Minister Employment Generation Program The program has been launched to provide financial assistance to set up new enterprises. Implementation: At the national Level: Khadi and Village Industries Commission (KVIC) At the state level: State KVIC Directorates State Khadi and Village Industries Boards (KVIBs), District Industries Centres (DICs) Authorized Banks ...
Read More »Start-ups can participate in the International Events on the expense of government
Startups can participate in the International Events on the expense of government. The scheme has been launched to provide an opportunity for Indian MSME business delegations to participate in international exhibitions, to explore new areas of technology/infusion/up gradation, and hold international conference and seminars on topics of interest to the ...
Read More »Madhya Pradesh Government’s Initiatives for MSMEs
Madhya Pradesh Government’s Initiatives for MSMEs Madhya Pradesh is situated in central India and it is country’s second largest state by area. Almost 30% of the area is covered by forests, and is home to a large tribal population. For a long time till 2003, the economy was lagging ...
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