The central government has introduced the Niryat Rin Vikas Yojana, a new scheme that provides financial assurance to exporters and banks that lend to them. The Indian economy is built on two major pillars: trade and commerce. There are small, medium, and large exporters who pool their revenue and deposit ...
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June, 2022
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20 June
Government launched One Time Settlement Scheme for defaulters in Noida
The OTS Scheme is a one-time settlement program that was extremely useful during the pandemic. If a loan borrower fails to repay the loan to the bank, they can receive a 25-85% rebate under this arrangement. “We started using the OTS method on Wednesday. The 100 percent surcharge waiver is ...
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16 June
Monthly Income Scheme (MIS): Central govt. launched an Indian postal service investment scheme
A monthly Income Scheme (MIS) is a type of investment that guarantees the investor returns at a rate of 6.60 percent per year. These profits can be taken as a regular monthly income. The Post Office Monthly Income Scheme (POMIS) is an Indian postal service investment scheme. It guarantees the ...
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15 June
Defence Ministry Announced ” Agneepath scheme” for youth to join armed forces
The Agneepath scheme, launched by India’s Defence Ministry, would annually recruit about 45,000 young people aged 17.5 to 21 years for a four-year period, which will include six months of basic training and a monthly income of Rs 30,000 to 40,000. As with the regular cadre of soldiers, airmen, and ...
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14 June
New India Literacy Programme: Scheme to educate all
The Government of India has approved a new centrally-sponsored scheme, the ‘New India Literacy Programme (नव भारत साक्षरता कार्यक्रम)’ for the period during FYs 2022-2027 to cover all the aspects of ‘Education for All’ (erstwhile termed as Adult Education) to align with National Education Policy 2020 and also with that ...
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7 June
Operation Green : Scheme launched to work for the betterment of farmers
The finance minister introduced a new scheme, Operation Greens, with a budget of 500 crores in the Union Budget 2018-2019. The Ministry of Food Processing Industries, or MoFPI, is currently in charge of Operation Green. The Nodal Agency for the Implementation of Price Stabilization Measures is NAFED. Operation Greens is ...
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6 June
National Technical Textile Mission: a NGO working for advancement of technical textile.
The National Technical Textiles Mission was approved by the Cabinet Committee on Economic Affairs (CCEA) with the goal of making India a global leader in technical textiles. We’ll go through the mission’s objectives, as well as its components and structure, in detail in this article. The National Technical Textiles Mission ...
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4 June
PM KUSUM Scheme: A hope for poor farmers
The Pradhan Mantri Kisan Urja Suraksha even Utthan Mahabhiyan (PM KUSUM) Scheme for farmers to establish solar pumps and grid-connected solar and other renewable power plants in the country has been announced by the Ministry of New and Renewable Energy (MNRE). With a total central financial support of Rs. 34,422 ...
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3 June
Pradhan Mantri Garib Kalyan Yojana: Relief package for the underprivileged
The Pradhan Mantri Garib Kalyan Yojana / Package is a Rs 1.70 lakh crore relief package for the underprivileged to aid them in their fight against the Corona Virus. This was launched in March 2020, with the goal of reaching out to the lowest of the poor with food and ...
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2 June
Government introduces Dairy Entrepreneurship Development Scheme (DEDS) to create self-employment opportunities in the dairy sector
The Department of Animal Husbandry, Dairying, and Fisheries is implementing the Dairy Entrepreneurship Development Scheme (DEDS) to create self-employment opportunities in the dairy sector by providing back-end capital subsidies for bankable projects in areas such as milk production, procurement, preservation, transportation, processing, and marketing. The National Bank for Agriculture and ...
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