NAMASTE Scheme: Ensuring Safety and Dignity of Workers engaged in cleaning of Sewer lines and Septic Tank2,367 ULB’s attended the online training sessions on profiling process and demonstration of NAMASTE Mobile App 805 urban local bodies attended the state level NAMASTE profiling to resolve technical queries Profiling of SSWs aims to create a national database […]
India-EFTA Desk will function as a single-window mechanism to provide support to EFTA businesses looking to invest, expand, or establish operations in India Business Roundtable Witnessed Participation from Over 100 Companies from India and EFTA Nations India and the European Free Trade Association (EFTA) – comprising Switzerland, Norway, Iceland, and Liechtenstein – have taken a
RBI MPC Meeting February 2025, RBI Monetary Policy Committee (MPC) Highlights: The MPC revised the repo rate for the first time in two years, voting unanimously to cut it by 25 basis points from 6.50% to 6.25% in view of easing retail inflation and slowing growth. The rate cut comes even as the Rupee continues
The Union Budget 2025-26 introduces a series of measures aimed at strengthening the Micro, Small, and Medium Enterprises (MSME) sector, recognising its role as one of the key engines in India’s journey of development, alongside agriculture, investment, and exports. To help businesses expand and improve efficiency, the investment and turnover limits for MSME classification have
Launched by Prime Minister Narendra Modi on February 15, 2024, with a budget outlay of ₹75,021 crore, the initiative aims to provide free electricity to households by facilitating the installation of rooftop solar panels. The Union Budget 2025 on Saturday (February 1) has increased the allocation for PM Surya Ghar Muft Bijli Yojana (SGMBY) scheme
INDIA’S GDP EXPECTED TO GROW BETWEEN 6.3 & 6.8 PER CENT IN FY26 REAL GDP ESTIMATED AT 6.4 PER CENT IN FY25, CLOSE TO ITS DECADAL AVERAGE REAL GVA ESTIMATED TO GROW BY 6.4 PER CENT IN FY25 CAPEX GROWS AT 8.2 PER CENT IN JULY – NOVEMBER 2024 AND EXPECTED TO PICK UP FURTHER
The Scheme will be applicable to all loans sanctioned under MCGS-MSME during the period of 4 years from the date of issue of operational guidelines of the scheme or till cumulative guarantee of Rs. 7 lakh crore are issued, whichever is earlier. Two days before the presentation of the Union Budget for the next financial
The programme aims to onboard 5 lakh MSMEs onto the Open Network for Digital Commerce (ONDC), fostering greater inclusivity by targeting 50% women-led enterprises. he Ministry of Micro, Small, and Medium Enterprises (MSME) has launched the MSME Trade Enablement and Marketing (TEAM) initiative to empower small businesses in adopting digital commerce. With a sanctioned budget
As part of measures to manage liquidity conditions, the central bank also announced a USD/INR Buy/Sell Swap auction of $5 billion for a tenor of six months to be held on January 31, 2025 India’s central bank announced on Monday a host of measures to inject liquidity into the banking system, including bond purchases and
Total digital transactions grew at a CAGR of 45.9% over five years, with UPI leading at 74.03%: RBI Payment System Report The Reserve Bank of India (RBI) published the Payment System Report 2024 on January 27. • Payments form the backbone of any economic activity. They are increasingly being recognised as a means of achieving financial