India is home to one of the youngest populations in the world, but the rising unemployment figures are an alarming factor. The right schemes and interventions from the government can help create more jobs for people, which is why the creation of new policies is important. With an evergrowing population, India has been struggling with …
Read MoreIntroduction to PM SVANidhi Yojana Through the foundation of the ‘Make in India’ movement in 2014, the Indian government firmly set out on a journey to promote business, entrepreneurship, and self-sufficiency among the country’s public. Since then, the authorities have taken several steps to provide the public with financial as well as technical resources to …
Read MoreThe year 2023 will see India unite to celebrate its 75th independence day. The government of India decided to commemorate this milestone by launching the Azadi Ka Amrit Mahotsav (AKAM) initiative in March 2022 as a 75-week countdown to Independence Day in August 2023. The National Portal for Credit-Linked Government Schemes (Jan Samarth portal) was …
Read MoreOverview and Features of the CLCSS Scheme In India, we understand that a lack of funds can sometimes hold back MSMEs, leading them to work with outdated technology. But the CLCSS (full form: Credit Linked Capital Subsidy Scheme) is here to provide upfront capital and financial support subsidies to Small Scale Industries (SSIs) operating in …
Read MoreMicro, small, and medium enterprises (MSMEs play a crucial role in the Indian economy. They contribute significantly to employment generation, innovation, and overall economic growth. However, they often face numerous challenges that hinder their sustainability and growth.Access to funds continues to be a significant challenge for small businesses in the country. A survey by the …
Read MoreWhat is RoDTEP? RoDTEP, full form Remission of Duties and Taxes on Export Products, is an export promotion scheme by the government of India. The scheme became effective from January 1 2021 and aims to offset taxes and duties incurred on exported goods. It helps in reducing the input cost of exported goods, thereby ensuring …
Read MoreFood, shelter, and clothing are the basic needs of human beings in society. In India, with the second-largest population globally, employment opportunities for the masses are paramount. The textile sector is one such sector that can provide employment opportunities to both skilled and unskilled workforce. This is because the textile sector is labour-intensive. Presently, it …
Read MoreWhat is ICEGATE? The ICEGATE stands for “Indian Customs and Central Excise Electronic Commerce/Electronic Data Interchange (EC/EDI) Gateway.” It is a government-created internet platform that makes e-commerce trading possible. It also helps share electronic data related to customs clearance, import, and export processes. It is a single-window platform that allows shareholders to access information 24 …
Read MoreSaving 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 …
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