Updates

Samarth Scheme is the flagship skill development scheme of the Ministry of Textiles, which is a continuation of the integrated Skill Development Scheme under the 12th Five Year Plan. Also known as the Scheme for Capital Building in the Textile Sector (SCBTS) was introduced in 2017. It is to train an untrained labor force of […]

External Affairs Minister S. Jaishankar launched the e-Migrate V2.0 web portal and mobile app to enhance immigration services and expand their accessibility. Highlighting it as more than just a digital platform, Jaishankar described it as a beacon of hope and a commitment to protecting the rights and dignity of Indian workers abroad. The portal reflects

Recently, an online application window for PLIWG attracted huge response with 43% of new applicants from MSME sector. The 3rd Round of on-line application window for PLI Scheme for White Goods (Air Conditioners and LED lights) has attracted 38 responses with a  net committed investment of Rs 4121 crore ended on 12th October 2024 after being

India’s textiles sector is set for significant expansion, with an 11% year-on-year growth in Ready-Made Garments (RMG) of all Textiles exports, as per India’s trade data of August 2024, signaling a bright future. The Textiles sector in the country is expected to grow to USD 350 billion by 2030, driven by India’s inherent strengths and

NABARD has published the findings from its second All India Rural Financial Inclusion Survey (NAFIS) for 2021-22, which offers primary data based on a survey of 1 lakh rural households, covering various economic and financial indicators in the post-COVID period. Recognizing the vital role of financial inclusion for economic development, NABARD conducted the inaugural survey

An evergreen loan is a loan that does not require the repayment of principal during the life of the loan, or during a specified period of time. In an evergreen loan, the borrower is required to make only interest payments during the life of the loan. Evergreen loans are usually in the form of a line of credit that

Report analyzes PPP regulatory landscapes across 140 economies and suggests a significant correlation between regulatory reforms relatingto PPPs and PPP infrastructure investments.PPP is an approach under which public services are delivered by private sector (both non‐profit and for‐profit organizations) whileresponsibility for providing resources rests with the government Key Highlights of the report Public Fiscal Management

The Union Cabinet recently approved the PM E-Drive (Electric Drive Revolution in Innovative Vehicle Enhancement) scheme, replacing the previous FAME II subsidy. With the FAME II subsidy ending on March 31, 2024, and the temporary EMPS scheme having been in place until September 2024 with an outlay of ₹778 crore, the new PM E-Drive scheme

It makes an assessment of 50 economies (excluding India) and aims to cover 180 economies by 2026. It is a successor to Ease of Doing Business (EoDB) rankings of WB. EoDB (flagship report of WB) ranked countries based on ease of opening and operating a company.It was discontinued in 2021 owing to ethical irregularities. About

BharatGen, a pioneering initiative in generative AI, was launched in India on September 30, 2024, in Delhi. The initiative is designed to revolutionize public service delivery and boost citizen engagement by developing a suite of foundational models in language, speech, and computer vision.  The event convened in the virtual presence of Dr Jitendra Singh, Union