Skip to main content

Do you know Start-up India scheme and its Success?


The Start-Up India scheme is a flagship program of the Government of India launched in 2015 to promote entrepreneurship and job creation among Scheduled Castes (SCs), Scheduled Tribes (STs), and Women entrepreneurs for setting up a greenfield enterprise.

The scheme is open to a viable business plan for a variety of purposes, such as setting up a manufacturing unit, service sector enterprise, or trading business.

Here are some of the key benefits of the Start-Up India scheme:

  • ·         It provides easy access to credit for SC/ST and women entrepreneurs.
  • ·         It facilitate bank loans between Rs. 10 lakh and Rs. 1 crore
  • ·         It helps to reduce unemployment and poverty.
  • ·         It promotes entrepreneurship and job creation.
  • ·         It contributes to the economic growth of the country.

The Start-Up India scheme is a valuable initiative that is helping to empower SC/ST and women entrepreneurs to achieve their financial goals and contribute to the development of the country.

Below diagram shows the statistical performance of scheme

(above details are as per data provided by Finance Ministry from its launching year 2017)


Comments

Popular posts from this blog

Sanchar Saathi: a Centralised portal to trace the lost mobiles and mobile connections issued

Sanchar Sathi is a comprehensive telecom service in India introduced by the government of India under Digital India initiative to empower mobile subscribers, strengthen their security and increase awareness. Sanchar Saathi contains various modules like CEIR (Central Equipment Identity Register), TAFCOP (Telecom Analytics for Fraud Management and Consumer Protection) etc. In addition, provides latest updates and awareness material on different aspects related to end user security, telecom and information security. CEIR (Central Equipment Identity Register) module facilitates tracing of the lost/stolen and blocking of lost/stolen mobile devices in network of all telecom operators so that lost/stolen devices cannot be used in India. Anyone tries to use the blocked mobile phone, its traceability is generated. Once mobile phone is found it can be unblocked on the portal for its normal use by the user. TAFCOP (Telecom Analytics for Fraud Management and Consumer Protection) module e...

Where PSU General insurance Companies stand-up in Technology: A Perspective

  Private insurance companies in India are more technologically advanced than Public Sector Undertaking insurance companies (PSUs). This is partly due to the fact that PSUs are government-owned and operated. Private insurance companies have been quicker to adopt new technologies to improve their customer experience, operational efficiency and product innovation. They have been more responsive to changing customer needs and have introduced a wider range of innovative products. PSU Companies have traditionally relied on branches and human agents to sell and service policies. They are more cautious about introducing new products. Here are some specific examples of how private insurance companies are using technology to differentiate themselves from PSUs: ·     Chatbots to provide customer service and support and even generate personalized quotes. ·      Artificial intelligence (AI) to improve underwriting and claims processing capabilities. ·     ...

10 secrets of general insurance that you may not know 🧠

General insurance is known as non-life insurance that protects against financial loss caused by unexpected events, such as accidents, theft, or damage to property, but there are a few things you should know to make the most of your coverage. 1. You can save money by comparing policies from different companies. 2. You may be eligible for discounts if you bundle multiple policies, have safety features on your car or home, or have a good driving record. 3. You don't have to use your insurance company's preferred repair shops/garages. 4. You can file a claim for minor damage, even if it's caused by your pet or a natural disaster. 5. You can file a claim for lost or stolen belongings, or for damage caused by another person's negligence. 6. Make sure you understand your policy before you need to file a claim. Here are some additional tips for saving money on general insurance: ·       Raise your deductible - A deductible is the amount of money you have to pay...