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In partial modification to the previous instructions and Office Orders on the above subject, with the approval of Managing Committee of National Horticulture Board, it has been decided to effect following changes in the Operational Guidelines for the Schemes of NHB with immediate effect:- I) Revised Cost of Application The revised cost of application under […]

The Union government has made substantial cuts in subsidies for food and fertilisers in the Budget for the upcoming financial year, presented by Finance Minister Nirmala Sitharaman Tuesday. But the Budget significantly increased allocations for sectors allied to agriculture, such as fisheries and animal husbandry.   The Centre is planning to set aside more than $40 […]

Cabinet approved Sugar Export Subsidy Cabinet approved Sugar Export Subsidy Cabinet approved Sugar Export Subsidy The government on Wednesday  approved a subsidy of Rs 3,500 crore to sugar mills for the export of 60 lakh tonnes of sweetener  during the ongoing marketing year 2020-21 as part of its    effort to help them clear  outstanding due  to sugarcane farmers  […]

The Union Finance Minister Nirmala Sitharaman has announced the much awaited Atmanirbhar Bharat 3.0 package to boost economy today. The Emergency Credit Line Guarantee Scheme (ECLGS) for MSMEs has been extended till March 31, 2021. The scheme provides for 20% of outstanding loan amount collateral-free fully guaranteed loan by the government. The MSMEs including the […]

The union cabinet headed by PM approved the introduction of the productive – Linked Incentives (PLI) scheme in 10 key sector under which businesses will get incentives worth over Rs 1.46 lakh crore in 5 years . The approval comes with an aim to enhance India’s manufacturing capabilities and enhance export under Atmanirbhar bharat  . […]

The government”s subsidy scheme for transportation of notified fruits and vegetables is a big step towards making the country self-reliant, Agriculture and Food Processing Minister Narendra Singh Tomar said on Wednesday. The subsidy under the Operation Greens TOP to TOTAL is a big step towards Aatmanirbhar Bharat, an official statement said. The minister said the […]

msme loans – Public and Private Sector banks have sanctioned loans worth Rs 1.58 lakh crore under the 100% Emergency Credit Line Guarantee Scheme (ECLGS), the Finance Ministry informed on Thursday 3.09.2020 Finance Minister Nirmala Sitharaman on Thursday reviewed the progress made by various lenders under ECLGS, PCGS 2.0 and Sub-ordinate Debt Schemes announced as […]

Make in India programme of the government comes in a full circle when the feasibility of import replacement was deliberated between steel and auto industry. – opportunities for private Investment and FDI Various agencies are putting forward their estimates for India’s GDP growth in Q1 FY21. That the economy performed much below normal contraction level […]

Union Minister of Micro, Small and Medium Enterprises (MSMEs) Nitin Gadkari has urged investors including from the US to invest in Indian infrastructure sector, MSMEs, banks, NBFCs and other areas. Addressing the India Idea Summit organised by the US-India Business Council, jointly with the US Chamber of Commerce, the MSME Minister said,” It is a […]

Msme registration- The new process for registration of Micro, Small and Medium Enterprises (MSMEs) will come into effect in the name of ‘Udyam Registration’ from Wednesday, July 1, the government said. The Ministry has expressed confidence that this process will be extremely simple, seamless entrepreneur friendly. ”It will set an example in Ease of Doing […]