The State Bank of India (SBI) has introduced ‘SBI Asmita’, a collateral-free digital SME loan designed to support women entrepreneurs in expanding their businesses. The bank also unveiled the ‘Nari Shakti’ platinum debit card, catering to the diverse financial...
Delhi Health Minister Pankaj Singh announced that registrations for the Ayushman Bharat scheme will commence after March 8, marking a major step in expanding healthcare access in the national capital. The Delhi government is set to sign a Memorandum...
Prime Minister Narendra Modi on Tuesday emphasized the need for innovative credit delivery models to provide timely and low-cost financing to over six crore MSMEs across India. Speaking at a post-Budget webinar on MSMEs, he announced that five lakh...
Women in India are actively strengthening their financial participation, with credit monitoring among female borrowers rising by 42 percent in 2024, according to a new report by NITI Aayog, in collaboration with TransUnion CIBIL and MicroSave Consulting (MSC). The...
In a significant step towards fostering a research-backed, data-driven policy ecosystem for startups, the Indian Institute of Technology Madras (IIT Madras) has signed a Memorandum of Understanding (MoU) with the Startup Policy Forum (SPF). This collaboration aims to bridge...
India is making major strides in electronics manufacturing, with the country now exporting high-end electronic components to global markets, Union Minister for Railways, Electronics, and IT Ashwini Vaishnaw said in a post on X (formerly Twitter).
Highlighting the government’s push...
The Indian Biogas Association (IBA) has welcomed the government’s latest amendment to promote the use of organic fertilizers, estimating that the initiative could generate $2.6 billion in revenue for the biogas sector. The move is expected to enhance soil...
The Noida Authority has launched an industrial plot allocation scheme through an e-auction system, aimed at strengthening the micro, small, and medium enterprises (MSME) sector. This initiative marks the first rollout under a new policy framework designed to streamline...
The Assam Cabinet has approved investment agreements worth over ₹1.22 lakh crore, paving the way for major projects to be formalized at the Advantage Assam 2.0 Infrastructure and Investment Summit in Guwahati on February 25-26.
Strategic Investments for Economic Growth
The...
The Small Industries Development Bank of India (SIDBI) has entered into a strategic partnership with Tata Capital Limited (TCL) to enhance credit accessibility for Micro, Small, and Medium Enterprises (MSMEs). This collaboration aims to bridge funding gaps and provide...