Tag Archives: Financial Assistance

  The Micro Units Development and Refinance Agency Limited has been set up by the Indian government for the development and refinancing of various micro units. Under this scheme, the loan is classified into three stages namely, Shishu, Kishor, and Tarun to symbolize the funding requirements of the micro units. ...

Shri Vishwakarma Skill University has taken an initiative to provide opportunities for skill and formal education to the widows and wards of the martyrs and wife and wards of gallantry award winners belonging to the Indian security forces by launching a new scheme ‘Abhinandan: Veer Balidani Kritagyata Yojna (AVBKY)’. List of ...

The scheme aims to provide an assured monthly pension of Rs 3,000 for workers in the unorganised sector with a monthly income of up to Rs 15,000, from the retirement age (60 years). This will be on a monthly contribution of a small amount durin Prime Minister Narendra Modi on Tuesday launched ...

India Post or Department of Posts, which runs postal services in the country, also offers banking facilities. Besides allowing customers to open a savings account like banking peers, they also offer a number of saving schemes. Four of the nine saving schemes offered by India Post fetch interest rates of at ...

SBI’s multi-option deposit scheme (MODS), a type of fixed deposit (FD) or term deposit scheme, is linked to the savings or current account of an individual. Unlike normal fixed deposits which are fully liquidated anytime you need funds; you can withdraw in multiples of Rs. 1,000 from MODS account, according to your need, as ...

SBI, the country’s largest lender, offers Revamped Gold Deposit Scheme (R-GDS), a fixed deposit scheme in gold. Under R-GDS, customers can deposit their idle gold which will provide them safety and interest earnings, said SBI on its website, sbi.co.in. Gold will be accepted in the form of raw gold such as gold bars, ...

The Centre has stretched the period for the Credit Link Subsidy Scheme (CLSS) on home loans for the Middle-Income Group (MIG) under the Pradhan Mantri Awas Yojana (Urban) till March 2020, Union Housing and Urban Affairs Minister Hardeep Singh Puri said Monday. Addressing a press conference, Puri said he has ...

Recently, Govt. of India has come up with a proposal which is in favour of citizens of India by making changes in GST rates in variety of products and among which it also has an impact over Solar utlilities.   GST rate of 5% rate has been prescribed on renewable ...

Jharkhand Chief Minister Raghubar Das on Friday announced a Rs. 2,250-crore scheme to help 22.76 lakh medium and marginal farmers of the state aiming to double their income by 2022. The state government will give Rs. 5,000 per acre to 22.76 lakh medium and marginal farmers from the upcoming financial year, Mr Das said ...

The Sikkim Assembly on Thursday approved creation of over 16,000 temporary jobs in different departments as part of the government’s ‘one family, one job’ scheme announced by chief minister Pawan Chamling earlier this year. The scheme encapsulates providing jobs to a member of every family who does not have a ...