I4 policy stands for IT, ITES, Innovation Incentives Policy. India’s IT capital Bangalore today stands as the second largest IT hub in the world next only to Silicon Valley with over almost 11 lakh direct and over 27 lakh indirect employment. According to industry sources, by the year 2020 the ...
Read More »A must do course for entrepreneurs in Import-Export
Niryat Bandhu – Hand Holding Scheme for New Export/Import Entrepreneurs The Niryat Bandhu Scheme was first announced as a part of Foreign Trade Policy 2009-14 in 2011, to provide guidance and mentorship to first generation entrepreneurs in the field of international trade and commerce. Till now more than 20,000 exporters ...
Read More »Tech giant Qualcomm to invest $150 million in Indian startups
The San Diego based chip-maker made the announcement after its executive chairman Paul Jacobs met the Indian prime minister at the Digital Economy event in San Jose and said the venture fund was in support of the government’s Digital India and Make-in-India initiatives. The new venture fund, which will be ...
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 »Deleting your messages may soon be an ‘offence’
Encryption is one of the easiest ways to achieve data security. The National Encryption Policy (NEP), drafted by the Department of Electronics and Information technology (Deity), is to ensure that government law enforcing officers have easy access to any encrypted information. NEP divides users in three categories- a) ...
Read More »Google to bring free Wi-Fi to 400 railway stations across India
Indian Railways and Google have joined forces to create a network of free Wi-Fi across 400 railway stations across the country using the Google Fiber project, under the name ‘Project Nilgiri’. The service will allow users to access free Internet at high speeds for first 34 minutes and the speed ...
Read More »India favours multi-stakeholder model for Internet governance
The ministry of electronics and information technology held consultations with a view to preserve the character of the internet as a unified, dynamic engine for innovation and to encourage equity and inclusion, for enhancing the accountability of the Internet Corporation Assigned Names and Numbers (ICANN). Many stakeholders appreciated the transition ...
Read More »Mirage 2000 aircraft to be upgraded with multi functional displays
News: The upgraded Mirage 2000 fighter aircraft will be installed with India-made multi-function displays under an Indo-French partnership, as part of a programme to enhance the operational life of multi-role fighters by around 20 years. Samtel Thales Avionics Ltd (STAL), a joint venture between Samtel Avionics and French firm Thales, ...
Read More »Government puts off plans to privatise Chennai, Kolkata, Jaipur and Ahmedabad airports
News: The government has decided to scrap the proposal to privatise Chennai, Kolkata, Jaipur and Ahmedabad airports and private players would be roped in only for operation and maintenance activities of Jaipur and Ahmedabad airports. Civil Aviation Secretary R N Choubey said that Airports Authority of India (AAI) has invested ...
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