Creative Bharat
The Union Cabinet, on Tuesday, approved a ₹1 lakh crore Research Development and Innovation (RDI) scheme, aiming to spur private sector investment in strategic and high-growth sectors through long-term, low-cost funding. The scheme has been envisaged to scale up research, development and innovation in sunrise domains and in other sectors relevant for economic security, strategic […]
The ELI scheme was initially announced in the Union Budget 2024-25 as part of a comprehensive package of five schemes | Photo Credit: BABU In a significant move to boost job creation, the Union Cabinet on Tuesday gave its nod to an Employment-Linked Incentive (ELI) scheme with a substantial outlay of ₹1.07 lakh crore. This […]
This is an AI-generated image, used for representational purposes only. In a move aimed at accelerating India’s innovation journey, the Union cabinet, chaired by Prime Minister Narendra Modi, approved the Research, Development and Innovation (RDI) Scheme on Tuesday, with a total outlay of Rs 1 lakh crore.Announcing the decision, Union I&B minister Ashwini Vaishnaw said […]
There are 12 small savings schemes at present, including savings accounts | Photo Credit: FRANCIS MASCARENHAS Interest rates on small savings schemes, including the Public Provident Fund and Sukanya Samriddhi Scheme, will remain unchanged for the 7th successive quarter starting July 1, according to a Finance Ministry office memorandum issued on Tuesday. While no official […]
The Rural Development Department allowed to spend up to 60 per cent of the annual allocation for MGNREGS during the first half of the FY26 | Photo Credit: VELANKANNI RAJ B The government has capped Mahatama Gandhi National Rural Employment Guarantee Scheme (MGNREGS) allocation for the first half of the fiscal while around ₹40,000 crore […]
Just 21 out of the 42 manufacturers eligible under the telecom production-linked incentive (PLI) scheme have received incentives till March 31, 2025, with total disbursements reaching Rs 1,162 crore, according to data provided by the Department of Telecommunications (DoT).The telecom PLI scheme, which began on April 1, 2021, and is scheduled to end in the […]
The Employees’ State Insurance Corporation (ESIC) on Friday relaunched the SPREE scheme to bring unregistered employers and left-out workers under the ESI Act, as part of a broader push to improve compliance and reduce litigation.The Scheme to Promote Registration of Employers/Employees (SPREE), originally introduced in 2016, has so far enabled over 88,000 employers and 1.02 […]
NEW DELHI: A total of Rs 21,534 crore has been disbursed by govt under various production-linked incentive schemes that cover sectors, such as large-scale electronics manufacturing, IT hardware, pharmaceuticals and bulk drugs, telecom and networking products and food processing.PLI schemes are under various stages of implementation across 14 key sectors and have resulted in cumulative […]
This is an AI-generated image, used for representational purposes only. India is working to resolve the ongoing rare earth magnet supply crisis and reduce reliance on China by ramping up domestic production and offering incentives, heavy industries minister H D Kumaraswamy said on Tuesday.“We are working on it,” Kumaraswamy told reporters, adding that Hyderabad-based Midwest […]
NEW DELHI: Govt on Tuesday opened the window for auto companies to sell imported EVs by paying lower duty in return for promising to invest in the country. While Tesla has opted to stay out, doors have been shut for Chinese companies, such as BYD.Heavy industries and steel minister H D Kumaraswamy said four-five companies […]
