Revamped Model Skill Loan Scheme: The government has launched a revamped ‘model skill loan scheme’ aimed at enhancing accessibility to skill development courses with a significantly increased maximum loan limit. The new scheme raises the maximum loan limit from Rs 1.5 lakh to Rs 7.5 lakh. Initially launched in 2015, the old scheme saw low […]
Category: Important Scheme
Subvention Scheme
Subvention Scheme: The Supreme Court has provided relief to homebuyers in the National Capital Region (NCR) under the Subvention scheme. The Supreme Court has instructed banks not to take coercive action against individuals who have not received possession of their flats. Subvention Scheme involve a tripartite agreement between the buyer, banker, and developer. The buyer […]
PM Janjatiya Unnat Gram Abhiyaan
PM Janjatiya Unnat Gram Abhiyaan: Finance Minister announced the launch of the PM Janjatiya Unnat Gram Abhiyaan, aimed at providing basic facilities to five crore Scheduled Tribe families across 63,000 villages in tribal-majority and aspirational districts. This scheme is designed after PM-JANMAN for Particularly Vulnerable Tribal Groups. The 2024-25 budget allocated ₹13,000 crore for the […]
Electric Mobility Promotion Scheme
Electric Mobility Promotion Scheme: The central government said that the Electric Mobility Promotion Scheme (EMPS) 2024 will provide further impetus to the green mobility and development of electric vehicle (EV) manufacturing ecosystem in the country. Electric Mobility Promotion Scheme aims to further accelerate the adoption of Electric Vehicles in the country. It is a fund […]
Modified Interest Subvention Scheme
Modified Interest Subvention Scheme: The Centre plans to increase the upper limit of the short-term crop loans under the Modified Interest Subvention Scheme (MISS) from Rs 3 lakh to Rs 5 lakh. Modified Interest Subvention Scheme is a Central Sector Scheme, 100% funded by the Government of India. It was launched in the year 2006-07 […]
RoDTEP Scheme : In News
RoDTEP Scheme : In News The tea industry has sought higher rates under the RoDTEP scheme to make exports more competitive in overseas markets. RoDTEP Scheme is a flagship export promotion scheme of the Union Ministry of Commerce and Industry. The WTO-compliant scheme aims to refund to the exporters the embedded central, state, and local […]
Khelo India Rising Talent Identification (KIRTI) Program
Khelo India Rising Talent Identification (KIRTI) Program: The Government’s ambitious Khelo India Rising Talent Identification (KIRTI) program is set to get a fresh boost under the leadership of the Union Minister for Youth Affairs. Khelo India Rising Talent Identification (KIRTI) Program is aimed at school children between nine and 18 years age group. The nation-wide […]
The Voicebox Programme
The Voicebox Programme: The National Film Development Corporation (NFDC) has joined hands with Netflix India to launch an upskilling program for voice-over artists in India called “The Voicebox”. Voicebox Programme will offer Recognition of Prior Learning (RPL) training for voice-over artists focusing on English, Hindi, Marathi, Bengali, Malayalam, Tamil, Telugu and Gujarati languages. The program […]
Restoration Of Interest Equalization Scheme
Restoration Of Interest Equalization Scheme: The engineering exporters’ body Engineering Export Promotion Council (EEPC India) has requested to restore the Interest Equalization Scheme (IES) for all exporters and increase benefits for Micro, Small and Medium Enterprises (MSME). The IES for pre and post shipment rupee credit availed by exporters was started in 2015 and it […]
National One Health Mission : Meeting
National One Health Mission : Meeting The Union Health Minister chaired the first executive committee meeting of the National One Health Mission. The National One Health Mission was approved by the Prime Minister’s Science, Technology, and Innovation Advisory Council (PM-STIAC) in 2022. The mission aims to coordinate across ministries in achieving overall pandemic preparedness […]