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INTEREST SUBVENTION SCHEME
Credit cover for collateral-free education loans may be raised at inter-ministerial consultationsThe government is exploring increasing the credit guarantee cover for education loans. This move aims to allow banks to offer loans exceedi...- Engineering exports rise to $122 billion, emerge as India's largest export segmentThis remarkable growth, driven by government support and a diversified product basket, highlights the sector's resilience and global compet...
- From BS-IV to BS-VI: Cabinet nod for cleaner mobility in Delhi-NCRThe Union Cabinet has approved a new scheme to replace old trucks and buses in Delhi-NCR. This initiative aims to significantly reduce air ...
- Airlines' fuel, vehicle replacement & roadways in focus as Cabinet announces key decisions worth Rs 30,290 croreThe Union Cabinet has approved significant development initiatives totaling Rs 30,290 crore. A key focus is providing Rs 10,000 crore in bu...
- From BS-IV to BS-VI: Cabinet nod for cleaner mobility in Delhi-NCRThe Union Cabinet has approved a new scheme to replace old trucks and buses in Delhi-NCR. This initiative aims to significantly reduce air ...
- Interest subvention scheme likely for e-buses, e-trucks; Centre may earmark ₹6,960 crThe government is weighing cheaper loans and other incentives to help private operators buy electric buses and trucks, aiming to cut fossil...
- Textile industry seeks removal of cotton import dutyIndia's textile sector faces challenges from high cotton prices and declining production. The industry is urging the government to cut impo...
- DFS is seeking lender data on war-hit SMEsPeople familiar with the matter told ET that banks have been asked to provide details on sectors affected, like the Morbi-based ceramics in...
- Indian ports turning into logistics and industrial hubs, shipping secretary tells investors in SingaporeIndia's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nati...
- Interest subvention benefits for small iron & steel companiesMicro and small enterprises facing global challenges will now receive government support. Interest subvention benefits have been extended t...
- Govt extends interest subvention benefit to micro, small exporters of certain iron, steel goodsIndian government offers interest subvention to small and micro iron and steel exporters. This support aims to aid the trading community fa...
- MSME Ministry showcases PM Vishwakarma’s transformative livelihood impact at Civil Services Day sessionDr Rajneesh, Additional Secretary & Development Commissioner, MSME, moderated the session and outlined the scheme’s vision and digital, pap...
- MSME activity expands but loses steam as global headwinds bite: PHDCCI surveyIndia's manufacturing MSME sector continues to expand. However, growth momentum is slowing. New orders and production are increasing at a s...
- Exporters seek removal of cap on interest subventionIndian exporters are calling on the government to lift the cap on interest subvention. They state current support is insufficient to counte...
- NBCFDC logs highest ever disbursement of Rs 613.75 crore in FY26: GovtThe National Backward Classes Finance and Development Corporation recorded its highest-ever disbursement of Rs 613.75 crore in FY 2025-26. ...
- Government amends guidelines for interest subvention support for export creditAs per the changes, interest subvention shall not be admissible from the date on which the loan account is classified as a non-performing a...
- How homebuyers can protect themselves from being scammed by builder-bank nexus when buying under-construction housesThe Supreme Court recently ordered a CBI probe into a builder-bank scam on interest subvention schemes. With projects stalled and poor enfo...
- Cabinet gives nod to extend Modified Interest Subvention Scheme at 1.5% rate for FY26The Union Cabinet, led by Prime Minister Modi, has approved the continuation of the Interest Subvention component under the Modified Intere...
- Govt approves interest subvention scheme for farmersThe government has approved the implementation of 2 per cent interest subvention scheme for the year 2015-16 for short term crop loans upto...
- Targeted interest subvention scheme in worksA new targeted interest subsidy scheme is being worked out for industries that have high employment generation potential such as handloom, ...
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