Government Scheme
A group insurance scheme by MoMSME for khadi artisans (spinners and weavers). The scheme provides insurance cover against normal death, accidental death, permanent or partial disability of the insured artisan. Scholarships are provided to the insurer’s children studying in class 9th to 12th. The artisan must be a member of the approved vocation / occupation…
The Scheme, being implemented by the Ministry of MSME, is an ongoing Scheme of the Ninth Plan (under implementation since 1996), which has been continued for the Twelve Plan (2012-13 to 2016-17) with an outlay of Rs. 24.50 crore. Overview of International Cooperation (IC) Scheme Name International Cooperation Scheme Also known as IC Scheme Launch…
The Zero duty EPCG Scheme is available to exporters of electronic products. It allows import of capital goods for pre-production, production and post-production (including CKD/SKD thereof as well as computer software systems) at zero% customs duty, subject to an export obligation equivalent to 6 times of duty saved on capital goods imported under EPCG scheme,…
The Software Technology Park (STP) Scheme is a 100 percent Export Oriented Scheme for the development and export of computer software, including export of professional services using communication links or physical media. Overview of Software Technology Park Scheme Name Software Technology Park Scheme Also known as STP Launch year 1991 Launched by Government of India…
The Agro Processing Cluster Scheme launched by Ministry of Food Processing Industries aims at development of modern infrastructure and common facilities to encourage groups of entrepreneurs to set up food processing units based on cluster approach by linking groups of producers/ farmers to the processors and markets through a well-equipped supply chain with modern infrastructure.…
Under the Ministry of Tourism, the Government of India launched the PRASAD Scheme in the year 2014-2015. The PRASAD scheme in full form is Pilgrimage Rejuvenation And Spirituality Augmentation Drive. However, the name of the scheme was changed to “National Mission on Pilgrimage Rejuvenation and Spiritual Heritage Augmentation Drive (PRASHAD)” in October 2017. Overview of…
Under the chairmanship of Prime Minister Narendra Modi, the Prime Minister’s Citizen Assistance and Relief in Emergency Situation Fund was created on March 28th, 2020. The Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund popularly known as PM-CARES Fund has been established by the government to address any emergency or distress scenario, including…
Small Industries Development Bank of India (SIDBI) launched the 4E Intervention on the occasion of “World Environment Day” on June 5, 2014 to provide technical backstopping and support MSME clients for reducing their power & fuel cost. Overview / Highlights of 4E Scheme Name 4E Scheme Launched by Small Industries Development Bank of India Launch…
The National Minorities Development & Finance Corporation (NMDFC) launched this scheme with the purpose of helping Artisans and Craftspersons in meeting their working capital (making products as per the demand in the market) and fixed capital requirements (machineries, equipment and tools). Overview of Virasat – A Credit Scheme for Craftspersons Name Virasat – A Credit…
The Small Business Innovation Research Initiative (SBIRI) scheme of the Department of Biotechnology, Ministry of Science & Technology, was launched in 2005 to boost Public-Private- Partnership (PPP) efforts in the country. SBIRI was the first of its kind, early stage, innovation focused PPP initiative in the area of Biotechnology. Launching of SBIRI has worked as…
Indian Renewable Energy Development Agency Ltd. (IREDA) has published a revised refinance scheme under the support of The National Clean Energy Fund (NCEF) elaborating about the revival of the operations of existing biomass power & small hydro power projects affected due to unforeseen circumstances. Overview of IREDA NCEF Refinance Scheme Name IREDA NCEF Refinance Scheme…
SFURTI is a Scheme of Fund for Regeneration of Traditional Industries. The Ministry of MSME launched this scheme in the year 2005 with the view to promote Cluster development. KVIC is the nodal Agency for promotion of Cluster development for Khadi as well as for V.I. products. As on date, a no. of 76 Clusters…
ASPIRE- was launched to set up a network of technology centres and to set up incubation centres to accelerate entrepreneurship and also to promote startups for innovation in agro industry Overview of Aspire – A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship Name Aspire – A Scheme for Promotion of Innovation, Rural Industries…
The programme on Ayurvedic Biology was initiated primarily by the office of the Principal ScientificAdvisor to the Government of India. The programme, now reconceived, is being implemented by the Science and Engineering Research Board (SERB). Against this background, the SERB constituted a Task Force to promote the application of basic sciences in the investigation of…
Coir Udyami Yojana is a credit linked subsidy scheme for setting up of coir units with project cost upto Rs.10 lakhs plus one cycle of working capital, which shall not exceed 25% of the project cost. Working capital will not be considered for subsidy. Overview of Coir Udyami Yojana Name Coir Udyami Yojana Also known…
