Piyush Goyal launches Seed Fund Scheme for startups, incubators

Union Minister of Commerce and Industry, Railways, Consumers Affairs, Food and Public Distribution, Piyush Goyal has announced the launch of the Startup India Seed Fund Scheme (SISFC). The SISFC scheme, unveiled by Goyal, has been launched to provide the startups with financial assistance for prototype development and other requirements such as product trials, commercialization and…

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Atmanirbhar Bharat Rozgar Yojana launched to encourage employment in challenging COVID-19 scenario

The central government has launched Atmanirbhar Bharat Rozgar Yozana as part of Atma Nirbhar Bharat 3.0 package with aim to incentivize the creation of new employment opportunities at a time when India is recovering from the pandemic. The scheme is launched to provide financial assistance to the employers of the establishments registered with EPFO. The…

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Department of Telecom obtains Rs 2,307 crore from Airtel and Jio for assigning spectrum

The Telecom Department has got a windfall of Rs 2307 crore from telecom majors Bharti Airtel and Reliance Jio for allotting spectrum to them after completion of Spectrum Auction 2021. After the auction they were issued frequency assignment to them. In a frequency harmonization exercise, spectrum blocks were assigned to the winners of the bid….

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Govt asks Remdesivir manufactures to ramp up their supply to hospitals

Amid worsening COVID-19 situation in the country, the manufacturers of Remdesivir have been directed to prioritise their supplies to fulfil the hospitals’ requirements and approximately 4 lakh vials of Remdesivir meant for Export is being diverted to meet the domestic requirement. Moreover, the manufactures of Remdesivir have also volunteered to reduce the price of this life-saving…

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Committed to uplift MSMEs, govt taking steps to generate five crore employment

In a conference held on ‘Digitalisation – The Key for MSMEs’ Rise to Resilience,’ Minister of Micro, Small and Medium Enterprises (MSMEs) Nitin Gadkari said the Government has been taking several steps to enhance the contribution of this sector. The ministe added that the Government is facilitating capabilities of export, besides job generation in this…

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MoRTH grants approval to reconstruction, rehabilitation and upgrdation of several projects pan-India

Ministry of Road Transport & Highways (MoRTH) has approved reconstruction, rehabilitation and upgradation of a large number of projects across the country. The approved projects for different states encompassing various regions include, upgradation and rehabilitation of Jalgaon-Bhadraon-Chalisgaon-Nandgaon-Manmad Road (on NH 753 J) in Maharashtra to two lane-four lane. The approved budget for this project is…

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Indian Healthcare Sector holds enormous potential for growth: Niti Aayog

In a report released by Niti Aayog, a wide range of investment opportunities in different segments of healthcare sector has come to the light. The report states that medical devices, hospitals, telemedicine, health insurance, medical value travel as well as home healthcare are among the segments where promising opportunities of growth lie and that the…

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