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, ...
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NewGen IEDC, Government Start-up scheme for developing institutional mechanism.
NewGen IEDC is a programme run by the Entrepreneurship Development Institute of India (EDII) in Ahmedabad, Gujarat, and funded by the National Science and Technology Entrepreneurship Development Board (NSTEDB), Department of Science and Technology (DST), Government of India. NewGen IEDC’s mission is to instil an entrepreneurial spirit in young Science ...
Read More »Single Point Registration Scheme- an NSIC government programme
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 ...
Read More »Multiplier Grant Scheme-A government start-up for Youth
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 ...
Read More »SAMRIDH SCHEME- A great initiative for start-ups in India
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 ...
Read More »Senior Citizens Savings Scheme making lives of senior citizens easier
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 ...
Read More »Govt. grants Rs.900 Crore for Vaccine Development Mission
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 ...
Read More »Compensation for Victims of Electrical Accidents by UPPCL
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 ...
Read More »UP Govt’s Free tablet schemes for the students
On 19 August 2022, Uttar Pradesh Chief Minister Shri Yogi Adityanath has announced the launch of the UP Free Tablet/ Smartphone scheme. Free smartphones and laptops will be distributed to the meritorious students of the state. In addition, a budget of Rs 3000 crore has been set by the government to ...
Read More »UP Govt. to train 50,000 youth under CMAPS
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 ...
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