Overview and Features of the CLCSS Scheme In India, we understand that a lack of funds can sometimes hold back MSMEs, leading them to work with outdated technology. But the CLCSS (full form: Credit Linked Capital Subsidy Scheme) is here to provide upfront capital and financial support subsidies to Small Scale Industries (SSIs) operating in …
Read MoreEverything You Need to Know About Pradhan Mantri Rozgar Yojana Meta title: Learn all about Pradhan Mantri Rozgar Yojana Meta description: Pradhan Mantri Rozgar Yojana (PMRY) has been supporting India’s economic growth for decades. Read on to learn about the scheme and its benefits. India is home to one of the youngest populations in the …
Read MoreMicro, small, and medium enterprises (MSMEs play a crucial role in the Indian economy. They contribute significantly to employment generation, innovation, and overall economic growth. However, they often face numerous challenges that hinder their sustainability and growth.Access to funds continues to be a significant challenge for small businesses in the country. A survey by the …
Read MoreWhat is RoDTEP? RoDTEP, full form Remission of Duties and Taxes on Export Products, is an export promotion scheme by the government of India. The scheme became effective from January 1 2021 and aims to offset taxes and duties incurred on exported goods. It helps in reducing the input cost of exported goods, thereby ensuring …
Read MoreIntroduction Food, shelter, and clothing are the basic needs of human beings in society. In India, with the second-largest population globally, employment opportunities for the masses are paramount. The textile sector is one such sector that can provide employment opportunities to both skilled and unskilled workforce. This is because the textile sector is labour-intensive. Presently, …
Read MoreLatest news updates about PM SVANidhi Yojana June 29, 2023: The PM SVANidhi Yojana, which the government of India launched in 2020, has now been extended until December 2024. The Brihanmumbai Municipal Corporation (BMC) has urged street vendors who have not yet taken advantage of the scheme to get in touch with their local ward …
Read MoreWhat is the PMEGP loan scheme? The Ministry of Micro, Small and Medium Enterprises (MSMEs) has introduced the Prime Minister’s Employment Generation Programme (PMEGP), a credit-linked subsidy initiative. This programme began on March 31 2008, combining the previous Prime Minister Rozgar Yojana (PMRY) and Rural Employment Generation Programme (REGP). The programme aims to provide financial …
Read MoreWhat is ICEGATE? The ICEGATE stands for “Indian Customs and Central Excise Electronic Commerce/Electronic Data Interchange (EC/EDI) Gateway.” It is a government-created internet platform that makes e-commerce trading possible. It also helps share electronic data related to customs clearance, import, and export processes. It is a single-window platform that allows shareholders to access information 24 …
Read MoreSaving money is an essential financial habit that everyone should develop. It helps you in times of need and enables you to reach your financial goals. While there are several ways to save money, investing in a savings plan is one of the most effective methods. A savings plan or Saving Scheme is a life …
Read MoreIntroduction The full form of SATAT is Sustainable Alternative Towards Affordable Transportation. It is a government scheme that aims to establish Compressed Biogas (CBG) production plants and make them accessible for use in the automotive industry by issuing Expression of Interest (EOI) to potential investors. The Ministry of Petroleum and Natural Gas introduced the scheme …
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