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INTEREST SUBVENTION SCHEME
Darjeeling tea industry seeks Centre's support amid deepening financial stressDarjeeling's famed tea industry is facing severe financial strain due to aging bushes, climate woes, and labor shortages, leading to a sign...
Centre plans Rs 12,000 crore incentive scheme to spur private electric bus adoptionThe government is planning a significant incentive package, potentially worth ₹12,000 crore, to boost electric bus adoption by private flee...
Homebuyer wins full refund with Rs 1.57 crore interest in MahaREAT as builder delays possession by 3 years, citing MHADA-MCGM disputeHomebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exce...
Haryana unveils tax breaks to accelerate shift to cleaner commercial vehiclesHaryana is offering a full waiver on motor vehicle tax for new environment-friendly trucks and buses in NCR districts. This initiative targ...
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...
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...
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...
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...
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 works
A new targeted interest subsidy scheme is being worked out for industries that have high employment generation potential such as handloom, ...