Saving money is an essential financial habit that everyone should develop. It helps you in times of need and enables you to reach your financial goals. While there are several ways to save money, investing in a savings plan is one of the most effective methods. A savings plan or Saving Scheme is a life …
Read MoreIntroduction The full form of SATAT is Sustainable Alternative Towards Affordable Transportation. It is a government scheme that aims to establish Compressed Biogas (CBG) production plants and make them accessible for use in the automotive industry by issuing Expression of Interest (EOI) to potential investors. The Ministry of Petroleum and Natural Gas introduced the scheme …
Read MorePradhan Mantri Matsya Sampada Yojna or PMMSY is an initiative by the Government of India to promote the blue revolution (Neeli Kranti) in the nation. The bill was proposed in the budget session of 2019-2020 by Finance Minister Nirmala Sitharaman to empower fisheries, animal husbandries, and dairies with a collective budget of 20,000 crores. The …
Read MoreIf you are a woman or an SC or ST individual with dreams of creating a business, but lack capital, then read this article. Know and learn how the StandUp India Scheme can help you achieve your heights of success. What Is the Stand Up India Scheme? Only 13.76% of businesses are owned by women …
Read MoreIntroduction The Government of India has identified the need to assist women entrepreneurs and improve the condition of women in society. However, our society is still patriarchal, and women are not treated as equals in most walks of life. The micro, small, and medium enterprises sector (MSME) is the dominant contributor to the GDP of …
Read MoreThe Pradhan Mantri Awas Yojana (PMAY) is a national mission to provide affordable housing to all. The scheme aims at providing houses for all by 2022. Let’s see how we can apply for this scheme online using the PMAY website and how we can further check the Pradhan Mantri Awas Yojana Application status online. What …
Read More“Never depend on a single income. Instead, invest in creating a second source.” Nowadays, more and more investors are considering a monthly income scheme as their investment option. When customers invest in a fixed deposit, they get an interest rate on the deposited money. As per the reports, the highest interest rate that one can …
Read MoreNSIC stands for National Small Industries Corporation Limited, operating under Micro Small and Medium Enterprise (MSMEs). In 1955, the Government of India formed NSIC, then known as Mini Ratna PSUs (Public Sector Undertaking). Its headquarters are in NSIC Bhawan, Okhla Industrial Estate, New Delhi, India. NSIC promotes and fosters the growth of MSMEs operating in …
Read MoreImagine you are the government and want to increase production of a specific item that isn’t particularly in high demand. However, you believe that everything will be fine once it is mass-produced or sold at the appropriate price point. For instance, compared to competing nations, domestic electronics hardware manufacturing suffers from a lack of a …
Read MoreIntroduction The FSSAI is a statutory body under the Ministry of Health & Family Welfare. All the rules and regulations related to food safety and standards fall under the purview of the Food Safety and Standards Authority Act. The act was established in 2006. FSSAI is the apex body to promote and protect public health …
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