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SUBSIDY CORPUS
MCA raises corpus to Rs 500-cr; Wankhede lounges to be named after Tendulkar, Rahane and MantriThe Mumbai Cricket Association will increase its subsidy corpus to Rs 500 crore. This significant funding will support affiliated clubs ove...- Govt wants automakers to plug gaps in highway EV chargingThe government wants automakers to take greater responsibility for expanding and maintaining India’s EV charging network, as nearly half of...
- Infra.Market’s backdoor listing; Honasa posts record profitInfra.Market is set to enter the public markets through a reverse merger with Shalimar Paints. This and more in today's ETtech Top 5.
- Accel’s $550 million India fund; South Park Commons bets on deeptechHappy Wednesday! Venture capital firm Accel has raised its ninth India fund. This and more in today’s ETtech Morning Dispatch.
- Financial independence for children: How families in the US and India split the bills when adult children stay homeIn the United States, those graduating in the 21st century especially have been seeking to return to the homes of their boomer parents. In ...
- A selfie can get you Rs 5,000 from Karnataka govt. Here are the scheme detailThe Karnataka government has introduced a new rule for pilgrims from Karnataka who wish to avail the Kashi pilgrimage subsidy. They now hav...
- One year of Kisan Rail: Railways gives subsidy of Rs 95 Cr, reimbursed with Rs 55 crFrom October 14, 2020 to October 10, 2021, the Indian Railways has provided a subsidy of around Rs 95 crore to farmers for ferrying their g...
- Bihar government sanctions Rs 1,750 crore for input subsidy to farmers amid damage of cropsBihar government sanctioned Rs 1,750 crore to be withdrawn from the contingency fund as input subsidy to farmers whose crops were damaged i...
- NPS: Reforms, astute marketing can make it popularThe state must support fund management costs and record-keeping costs till the corpus becomes large enough to generate economies of scale.
- Government cuts corpus for home loan rate subvention by 20%Govt has cut the size of interest rate subvention corpus for affordable housing loans by a fifth as it focuses on austerity over growth.
- Steel ministry for interest subsidy on pelletisation, energy savingMinistry is set to begin the process to formulate an interest rate subsidy scheme for value-addition in iron-ore fines & energy efficiency ...
- If USO funds have no use, stop collecting themIt is not hard to think of better things to do than offer leaky subsidy with USO funds.
- Government may subsidize mobile bills in rural areasThe planning commission has also suggested that all rural customers who take up a mobile connection be given a one-time subsidy of Rs 250 f...
- DoT to invite bids for network rollout in Maoist areas like Chhattisgarh, Jharkhand, Andhra Pradesh, West Bengal and OrissaDoT will shortly invite bids from all mobile phone companies to roll out networks across the country's naxal-infested territories.
- Government to stop BSNL's Rs 2000 cr USOF subsidyState-owned BSNL’s rural landline operations could soon bite the dust as the government is about to freeze the Rs 2,000-crore annual subsid...
- Government plans to dip into Universal Services Obligation Fund for rural broadband pushA total Rs 16,000 crore will be available as subsidy to two operators that finally win the rights to provide broadband connectivity to some...
- Govt to allocate Rs 2,500 cr to TUFS for MSMEsThe government said it will create a Rs 2,500-crore corpus for technology modernisation of the micro, small and medium units by 2012.
- Union Budget 2011: Infrastructure bottlenecks continue to remain critical, says Somnath Dey, VP Research, Religare Commodities LtdInfrastructure bottlenecks continue to remain critical for the farm sector. As the FM mentioned, 40% wastage of Food products are there due...
- Interest subsidy for power discoms in worksThe government proposes to offer 3% interest subsidy for 14 years to private and public power distribution utilities that are able to curb ...
- Improvident fundIdeology has triumphed over common sense at a meeting of the board of trustees of the EPFO.
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