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CREDIT LINKED SUBSIDY SCHEME
Govt eyes fast-tracking local production of high-end medical devicesIndia is planning to boost local manufacturing of around 10 high-value medical devices, including MRI systems and pacemakers, to curb relia...- CII president R Mukundan projects 7% growth for India, seeks GST Council-like body to drive reformsIndia's economy is projected to grow around 7% this fiscal year, with most businesses finding growth avenues despite global cost pressures....
- WTO to set up dispute panel in China's case against India's solar, IT goods measuresChina has successfully established a World Trade Organization panel to challenge India's solar cell, module, and IT goods policies. Beijing...
- RBI says UPI-linked credit lines must follow same rules as traditional loans; Closes regulatory arbitrageThe Reserve Bank of India has mandated uniform prudential treatment for all credit facilities, including those disbursed via UPI. This move...
- Need to cut chemical fertilisers usage via crop diversification, incentives: EAC-PM ChairmanIndia must curb chemical fertilizer use by promoting crop diversification, natural farming, and productivity-linked incentives, stated EAC-...
- MSMEs nursery of entrepreneurship, key to Viksit Bharat vision: RBI Guv Sanjay MalhotraRBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entrepreneurship and employment. He not...
- Early signs of stress emerge in MSME loans as West Asia disruptions worry banks: ReportLenders are concerned about the ripple effects of the West Asia conflict, which has disrupted supply chains and increased input costs for b...
- How India can build a bigger oil buffer without straining the exchequerAs tensions around Iran and the Strait of Hormuz ease, India should focus not only on managing the immediate oil crisis but also on strengt...
- RBI overhauls Lead Bank Scheme after review, issues new guidelinesThe Reserve Bank of India has revamped the Lead Bank Scheme to boost district-level credit planning and financial inclusion. New guidelines...
- Modi releases PM-Kisan instalment for 9.44 crore farmers, launches world's largest crop insurance scheme in BengalPrime Minister Narendra Modi disbursed over Rs 18,880 crore to 9.44 crore farmers under the PM-KISAN scheme. He also launched the Pradhan M...
- NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit cardFor Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...
- PLI, duty incentives soon for Lithium, Nickel processing units in IndiaThe proposed scheme, which is close to securing approvals, will offer production-linked incentives and waive import duties on capital goods...
- RBI revises Kisan Credit Card norms, standardises crop season definitionThe Reserve Bank has revamped the Kisan Credit Card (KCC) Scheme, standardizing crop season definitions for uniform loan sanctions and repa...
- Designer subsidies must be the fashionThe Comptroller and Auditor General of India has issued a cautionary note regarding the surging state subsidies that are beginning to weigh...
- China seeks to rein in 'unfair' food delivery competition with new rulesChina is seeking to crack down on 'unfair' competition among food delivery platforms by introducing new rules to limit subsidy campaigns th...
- Govt readies farm safety net with banks, insurers as El Nino loomsThe government is enhancing financial safety nets for rural families. This initiative aims to cushion the impact of El Nino on farming. Eff...
- China's subsidy edge poses biggest challenge to Make in IndiaAs Indian manufacturers navigate the challenging waters of global trade, they find themselves increasingly overshadowed by Chinese business...
- West Bengal likely to unveil new industry policy with seamless land acquisition plans in June 22 budgetWest Bengal's first BJP government will unveil a new industrial policy in its maiden budget on June 22, featuring seamless land acquisition...
- Default clouds hover over microfinance as industry flags weak monsoonIn the evolving world of India's microfinance sector, fresh credit risks are emerging on the horizon. The dual challenges of an unsteady mo...
- Govt cuts subsidised LPG cylinders to Ujjwala beneficiaries to 4The government has cut the annual subsidised cooking gas cylinders for Ujjwala scheme beneficiaries to four. This move aligns support with ...
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