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Friday, May 3, 2024

Bihar

Central Government releases Rs 6,000 crore as second tranche to 16 states and 3 Union Territories

Ministry of Finance has facilitated loans of Rs 12,000 crore till date under the Special Window to States/UTs The Ministry of Finance, Government of India, under its “Special Window to States for meeting the GST Compensation Cess shortfall,” will be releasing an...

Central Government borrows and transfers Rs.6,000 crore as first tranche to 16 States on account of GST compensation under Special Borrowing Window

The Government of India has evolved a special borrowing window to address the shortfall in the GST collection during the year 2020 – 2021. 21 States and 2 Union Territories opted for this special window involving back-to-back borrowing coordinated...

Subsidy to Artisans under Solar Charkha Mission

The scheme Mission Solar Charkha is enterprise driven scheme and envisages setting up of ‘Solar Charkha Clusters’ which will have 200 to 2042 beneficiaries (Spinners, Weavers, Stitchers and other skilled artisans).  Each spinner will be given two charkhas of...

The impact of MSME policy on Bihar

Status of Bihar -  About 95% of the industries in Bihar fall under the Micro Small and Medium Enterprises(MSMEs) category, of which, according to a recent RBI report, only 5% were exposed to banks.  Difficulty in obtaining capital, inadequate and unreliable...

Bihar Startup Policy 2017 Re-Launched With a Strong Vision

Chief Minister Nitish Kumar announced the launch of Bihar StartUp Policy 2017 on Tuesday, March 21st, 2017 at the 4th Bihar Entrepreneurship Summit (BES) which was organized by the Bihar Entrepreneurs Association. The policy was first introduced in 2016...
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CRISIL SME Tracker: Brighter Days Ahead for Chemical MSMEs

The domestic chemicals industry in India is seeing a positive shift as demand revives and inventories stabilize, according to...
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