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Cabinet approves Rs 10,000 crore container manufacturing schemeThe Union Cabinet has recently approved a significant scheme to boost container manufacturing in India. This Rs 10,000 crore initiative aim...
Cabinet approves Rs 10,000 crore container manufacturing schemeThe Indian government has approved a Container Manufacturing Assistance Scheme with a total budget of Rs 10,000 crore. This scheme aims to ...
From MSMEs to traditional industries, Rajasthan’s enterprises seek stronger ecosystem to scaleStakeholders say the state must strengthen the institutional ecosystem that supports industry.
Govt expects 25,000 registrations under Parivartan scheme to replace old trucks, buses in Delhi-NCRThe Parivartan scheme aims to phase out polluting commercial vehicles in Delhi-NCR. Over 25,000 registrations are expected by October under...
India rolls out seven steps to boost exportsIndia's government has launched a significant export promotion mission. Seven new measures aim to boost outbound shipments. These include c...
Govt may raise interest subvention cap beyond Rs 26 crore to promote issuance of municipal bondsThe government is considering increasing interest subvention beyond the current Rs 26 crore per urban local body to boost municipal bond is...
PM Vidyalaxmi Scheme: PNB cuts education loan rates by 20 bps; check new interest rates, other detailsPunjab National Bank has reduced education loan interest rates by 20 bps under the PM Vidyalaxmi scheme, enhancing accessibility to higher ...
Subvention: Do you know what it means?Subvention literally means grant of money by the govt. The government offers subvention mostly on home, crop and education loans.
MNRE launches interest subvention scheme for waste to energy biomethanation projectsThe industrial organic waste-to-energy bio-methanation projects are generally capital intensive and financially sensitive to both operating...
Assam tea sector gets tax holiday of three yearsThe Assam government comes to the rescue of the ailing tea industry. It has announced interest subvention of three per cent on the working ...
Street vendor loans may come with subventionThe government is considering a 5-7% interest subvention on loans to street vendors to make the targeted ₹5,000-crore financial assistance ...
CCEA approves Rs 2,790 cr interest subvention on loans to sugar millsThis is in addition to Rs 1,332 crore already approved by the Cabinet Committee on Economic Affairs (CCEA) in June 2018.
HRD Ministry working on scheme for interest-free loans to IIT studentsOfficials in the Prakash Javadekar-led ministry said while the fee for these institutes was hiked recently, the government also wants that ...
PM package to be spent over five years: J&K Finance Minister Haseeb DrabuThis was stated today by Jammu and Kashmir Finance Minister Haseeb Drabu in the state Assembly where he said an amount of Rs 1197 crore has...
Government notifies norms for sugar mills to get interest-free loansGovernment notified modalities for beleaguered sugar industry to avail of interest-free loans to the tune of Rs 6,600 crore from banks for ...
EEPC India welcomes steps to boost exports, seeks hike in MAI, MDAThe EEPC India on Wednesday complimented the government decision to include a number of engineering products.
Government raises interest subsidy to prop up weak exports: Trade Minister Anand SharmaFighting a falling rupee and a widening current account deficit that hit a record high of 4.8 per cent last fiscal year, India is taking st...
- Banks to disburse Rs 9165 crore farm credit to Orissa farmers
The Orissa government on Monday unveiled an ambitious plan to provide agricultural credit of Rs 9165 crore in this fiscal compared to Rs 53...
- Centre offers interest-free loans to millers
The Centre will provide financial assistance to sugar mills to improve their liquidity position.
- FM to study exporter demands
Even as finance minister gave a patient ear to textile exporters on examining the proposal to provide for interest subvention on loans, he ...