Government Business Schemes

As the scheme promotes grassroots economic development, applying for one can help you reap benefits. Follow these points: Submit your application to the ASPIRE Scheme Steering Committee under the Ministry of MSME This committee will oversee the overall policy, including its management and coor.....

Some of the areas that the AIM plans to spark innovation in the future include: Transportation via vehicles operating on alternate fuel Cleaning of septic tanks and sewers Agricultural systems that are climate-smart Grey water management Fog vision systems for road and rail to prevent.....

If you qualify to apply for the scheme, you need to follow these steps to send your application: Incorporate a Private Limited Company, LLP, or Proprietorship as per your business requirements Get tax registrations and approvals required for operating the business Conduct market analysis an.....

Here are some essential points to know regarding the loan amount: Eligible entities can receive a maximum capital loan of ₹1 Crore, with a corresponding subsidy of up to 15% The subsidy of 15% can go up to a maximum amount of ₹15 Lakhs under the scheme Entities that have already received .....

To apply for the Coir Udyami Yojana online, you must follow the given steps: Step 1 – Login to the official website at http://coirservices.gov.in/. Step 2 – Choose the Coir Udyami Yojana scheme and click on ‘Apply’ Step 3 – Next, click on ‘New Login Registration’. Step 4 – Once you are registe.....

The scheme is placement linked, and as such, ensures that the candidates enrolled are adequately placed after completing the training/ program. Given this, the scheme requires the PIAs to place at least 75% of the candidates. Additionally, candidates are offered a minimum monthly salary of ₹6,000 o.....

The following are some of the additional functions of the District Industries Centres: Provide information about the sources of raw materials and machinery to the concerned industries in the area Allot raw materials to industries functioning at the district level Promote new industrial grow.....

Here are some of the top schemes for startups launched by the Government of India:  1. Pradhan Mantri Mudra Yojana (PMMY) The PMMY scheme aids micro, small, and medium enterprises through collateral-free loans. There are three categories of loans under this scheme. These include: Shishu ranging.....

Government schemes for women entrepreneurs are contributing to the empowerment of not just women economically, but also promoting women as a part of the workforce. These initiatives financially support women in India, and thus help them develop their skills, network with their respective industry co.....

The Indian Government established the SIDBI in 1990 with a view to promote the development of the MSME sector. The organisation provides a number of loans and subsidies for the inclusive growth of micro and small industries.   The following are some of the notable features of the SIDBI loan:  S.....

To learn more about the scheme, visit the MNRE's website - www.mnre.gov.in and https://pmkusum.mnre.gov.in/landing.html. These sites also have information on eligibility for participation in the scheme and the implementation process.   Alternatively, you can try any of the following contact option.....

Below are the details about the profits and incentives associated with PMJAK: Each generic drug's MRP includes a 20% profit for PMJAK retailers and a 10% margin for distributors You can receive an annual incentive of up to ₹2.5 Lakhs if your Jan Aushadhi Kendra is linked to the PMBI Medicat.....

The KUSUM Solar Pump programme, which intends to deliver agricultural solar pumps with a 90% subsidy, has begun in various states. Till October 2022, more than 1.75 Lakh pumps have been installed by the government aid.    As mentioned, these pumps are eligible with a subsidy. Farmers receive subsi.....

To meet its objectives, KVIC offers various schemes. Let us take a look at them: Prime Minister’s Employment Generation Programme (PMEGP) To generate employment in rural areas, the KVIC launched the PMEGP scheme in 2008. It is a credit-linked subsidy scheme where the beneficiary invests a ce.....

For further queries or other issues related to this scheme, you can contact the NSFDC through the following channels: Toll-free Number: 18001023399 (Timing:  Monday to Friday between 10 AM and 5 PM) Other Telephone Number: +91 11 45854400 Email ID: info@nbcfdc.gov.in 

The Mahila Udyam Nidhi Scheme eligibility details are listed below: This loan is only offered to women entrepreneurs – those launching or running a new business. To avail of this scheme, women entrepreneurs should necessarily hold at least  51% of the company’s share. This loan is only sanc.....

In order to aid the farming sector, the NABARD loan scheme also offers specially developed schemes like the Dairy Entrepreneurship Development Scheme. This NABARD dairy loan aims to help potential entrepreneurs of the dairy market and enable them to enlarge their businesses by setting up dairy farms.....

Refer to the following tables to know the state-wise implementing agencies of the scheme’s components: Component A State Name State Implementing Agency Sanctioned Quantity Website / Contact Details ARUNACHAL PRADESH Arunachal Pradesh 2 - ASSAM Assam Power Distribution .....

Follow these steps to check the PM SVANidhi loan status online: Step 1: Visit the official website of the PM SVANidhi Scheme Step 2: Log in using your ID and password Step 3: View the loan status on the screen

Finally, after checking your eligibility criteria and collecting all the necessary documents, all that remains in the process of getting the PMEGP loan is the application process.    Here are the simple steps you need to follow while making a PMEGP online application: Start by logging on to the.....

Follow these steps to apply for PMKVY online and offline: Online Mode: Step 1: Visit the official website of PMKVY https://www.pmkvyofficial.org/ Step 2: Search for a training centre and register through the website Step 3: After registration, enter the necessary details After providi.....

The bank expects you to start the repayment process once the business unit begins commercial production. Banks usually set the repayment schedule, which ranges between 3-7 years.    It is important to remember that the loan, including interest, must be repaid on time. In case of default, the bank,.....

The banks that offer PSB loans in 59 minutes are: ICICI Bank YES BANK Punjab and Sind Bank Federal Bank Union Bank Kotak Bank Central Bank of India UCO Bank Indian Bank Canara Bank SIDBI Indian Overseas Bank Bank of Maharashtra SBI IndusInd Bank Bank o.....

Through the launch of this REGP scheme, the Central Government of India envisions meeting the following objectives: Sustainable Employment Solution: The government focuses on creating and expanding sustainable job opportunities in rural areas. Through this, it aims to ensure that a continuous dem.....

SFURTI suggests three specific measures to facilitate the growth of regional Indian MSMEs. They are as follows: Soft intervention strategies refers to things like raising people's level of knowledge and understanding, providing them with opportunities to learn new skills, encouraging them to atte.....

The Stand-Up India loan is a suitable option for women, SC and ST entrepreneurs looking to achieve their dreams of owning a business. For additional details of the scheme or to get business financing and other forms of credit, look no further than Bajaj Markets.

All startups registered under this flagship initiative are eligible for the following tax exemptions: Tax Exemption Under Section 80IAC Startups can be exempted from paying tax for a maximum of 3 consecutive financial years within their first 10 years of inception The entity must be a DPIIT-r.....

In addition to meeting the above eligibility requirements of the UYEGP scheme, you will need to submit the documents to the District Industries Centre (DIC) to enjoy the benefits: Transfer Certificate (TC) issued by your school/college for education proof Ration Card for nativity proof (2 copi.....

To monitor and execute the rules and regulations of this Startup India Fund, the DPIIT has formed an Experts Advisory Committee (EAC). The EAC assesses and chooses the incubators to grant the seed funds, monitor the progress and perform all other required administrative tasks.  This way, EAC ensure.....

Some of the parameters based on which the institutions have constructed the eligibility criteria are the likes of citizenship status, the number of years the doctor in question has been running the practice actively, the kind of income it generates on an annual basis, and the sub-section of the medi.....

All public, private, and regional rural banks are eligible to provide MUDRA Loan. Given below are the lending institutions that offer MUDRA loans: Non-Banking Financial Companies (NBFC) Public and Private Sector Banks Micro Finance Institutions (MFI) Regional Rural Banks (RRB) Small F.....

Here is the table that will help you to understand the key differences between MUDRA Loan vs Business Loan.   MUDRA Loan Business Loan Meaning MUDRA is an acronym that stands for Micro Units Development & Refinance Agency Ltd. It was established to assist small company owners in growi.....

With the self-attested photocopies of the aforementioned documents, you can proceed with the Aadhaar card Mudra loan application process. Here are the steps that must be followed for the offline Mudra loan application with Aadhaar card. Find the nearest bank/financial institution that dispenses M.....

If you face any problem at the time of availing a MUDRA loan through online mode, you can go with the offline method.    Mentioned below are the steps by which you can apply for a MUDRA Loan offline: Visit a PMMY-authorised financial institution or NBFC Make sure that you have a documented b.....

Documentation requirements for the MUDRA Loan may vary by lending institution and loan type. Women entrepreneurs need to verify the exact paperwork required by their chosen bank or financial institution before applying.   Some of the typical documents needed are: Identity Proof: This can incl.....

MUDRA Yojana has become a key driver of growth for industries by offering much-needed financial assistance and resources. Whether it's through flexible loan options, support for women entrepreneurs, or promoting financial literacy, the scheme plays a significant role in fostering the success of MSME.....

The documents required for MUDRA loans vary depending on the lender you choose. However, here are some basic documents you need to submit when applying for a MUDRA loan: Proof of Identity You need to provide any of these proof of identity documents: Aadhaar card PAN card Driving licence .....

Applying for an e-MUDRA loan is simple. Follow these steps for a smooth application process: Go to the official Udyamimitra website See the MUDRA Loans section on the page and click on the ‘Apply Now’ option Select your category as a ‘New Entrepreneur’, ‘Existing Entrepreneur’, or ‘Self-E.....

Here is the list of businesses that can acquire this loan. Any startup firm Machine operators Artisans Truck operators Traders and shopkeepers Small vendors selling fruits and vegetables Commercial transportation companies who purchase passenger vehicles such as auto-rickshaws.....

Applicant’s Income Higher income levels may lead to lower interest rates as lenders view such applicants as less risky. Creditworthiness A strong credit score and history can result in lower interest rates, as it indicates the borrower’s reliability in repayments. Nature of Busines.....

For any queries regarding your MUDRA loan, you can contact the financial institution through the following means: Toll-Free Number: 1800 103 0123 Email ID: hopgr.calcutta@ucobank.co.in 

In order to get a MUDRA loan, the borrower needs to submit a project report to the public sector undertaking from whom the loan is requested. Important information related to your business such as company background, nature of activities, procurement of raw materials, number of employees, profit, re.....

For any of your assistance regarding the Central Bank of India MUDRA Loan, you can contact the lending institutions via:  Toll-Free Contact Number: 1800 202 1911/1800 203 1911

The Tarun Mudra Loan is ideal for small business owners looking to expand their operations. It enables you to get financial support of up to ₹10 Lakhs at low interest rates. If you need funds for equipment, working capital, or scaling your business, consider this option. With no need for collateral,.....

You can connect with the Bank of Maharashtra in the following ways: Toll-Free Numbers: Dial at 1800-233-4526 or 1800-102-2636 Email ID: mahaconnect@mahabank.co.in

The Mudra Kishore Loan is a valuable opportunity for micro business enterprises seeking growth in manufacturing, services, trading, or agriculture. If you meet the eligibility criteria, this loan can provide the financial support needed for expansion and increased profitability. Apply to empower you.....

You can contact Kotak Mahindra Bank’s customer care by calling their toll-free number: 14431 / 18008913333

Here's the list of private sector banks: Axis Bank Ltd Kotak Mahindra Bank Ltd YES Bank Ltd ICICI Bank Ltd HDFC Bank Ltd IndusInd Bank Ltd The Ratnakar Bank Ltd Jammu & Kashmir Bank Ltd South Indian Bank Catholic Syrian Bank Ltd Federal Bank Ltd DCB Bank Ltd Ta.....

If you have any queries regarding Bank of Baroda Mudra loan, you can consider reaching out to 18002584455 or 18002584455.

When applying for a MUDRA Loan, you need to provide specific documents based on the loan category. Here is what you will need for each category:   Paperwork for a Shishu Loan Identity proof Address proof  Applicant’s photograph Quotation of machinery/items Details of the machinery a.....

Applying for the MUDRA scheme for a startup is a simple process. To get started, you first need to determine the category that your startup falls under. Each of these categories cater to specific business requirements. Before applying for the loan, you should understand your requirements and match t.....

For any queries regarding your HDFC Bank Mudra loan, you can reach out to the bank on 1800 202 6161 or 1860 267 6161.

Budding enterprises and entrepreneurs often find it difficult to arrange funds for their dream startups and businesses. Mudra loans have empowered MSMEs not just with financial support but also with financial literacy. With loan options from Rs. 50,000 up to Rs. 10 Lakhs, Mudra loans aim to offer fi.....

You can contact the ICICI Bank customer service by calling their toll-free number: 1800 1080. 

The MUDRA Shishu Loan scheme is a boon for aspiring entrepreneurs in the country as it gives small loans at affordable interest rates to fulfil any working capital needs. With a MUDRA Shishu loan, you can get a credit of up to ₹50,000 to fund your working capital needs. Once you expand the business .....

Here are some ways to contact PNB customer service in case of any queries.  Toll free number(s): 1800 180 8888 Email: care@pnb.co.in

Here’s how you can contact Axis Bank customer care:  Toll-free Number: +91-22-24252525/43252525

Here’s how you can contact the Canara Bank customer service in case of any queries.  Toll free number(s): 1800 425 0018 1800 103 0018 1800 208 3333 1800 3011 3333

Here are some ways to contact SBI customer service in case of any queries.  Toll free number(s): 1800 1234 1800 2100 1800 11 2211 1800 425 3800 080-26599990 Email: customercare@sbi.co.in contactcentre@sbi.co.in

The MUDRA Card is an innovative product that makes credit easily accessible to small businesses while providing flexibility. It is a debit card issued to you when your MUDRA loan account is opened.   Cardholders can withdraw amounts as per their approved loan limits, making it easier to cover vari.....