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 »Start your own dairy business – Get loan up to 30 Lakh
Dairy Entrepreneurship Development Scheme (DEDS) Indian central government last year launched a scheme through National Bank for Agriculture and Rural Development (NABARD) with an objective to bring structural changes in the unorganized sector of dairy farming. It also aims to setting up of modern dairy farms and providing employment opportunities for ...
Read More »Security Free Loans for Entrepreneurs via PMMY
PMMY PM MUDRA (Micro Units Development and Refinance Agency) Yojana is an initiative launched by PM Narendra Modi on 8th April, 2015 to help the independent small entrepreneurs to grow. Pointing out that how independent small entrepreneurs help Indian domestic economy in a big way, Narendra Modi hopes that ...
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 »Get INR 55,000 per month for independent research
Start-up Research Grant for the Young Indian Scientists The scheme provides an opportunity for young scientists having innovative ideas which can be exploited in frontier areas of science. The purpose of this scheme is to provide a platform to young minds to pursue their innovative idea independently. SCIENCE AND ENGINEERING ...
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 ...
Read More »Understanding Maharashtra Industrial Policy 2013-18: Incentives for MSMEs
Maharashtra is counted as one of the wealthiest and developed state among Indian states. It has long been on global trading map due to being a costal state. Over the years, it has positioned itself as an investor friendly state. Its share in India’s total industrial output stood 25% during ...
Read More »AP on the Course of Becoming an Entrepreneurship Hub
Micro, Small & Medium Enterprises (MSME) Small and the medium enterprises have played a significant role in creating employment opportunities in India. Currently, the MSME sector employs nearly 40% of India’s work force, contributes 45% in nation’s manufacturing output, and accounts for 40% of the exports. But the poor adoption ...
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