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649 resultscentral govt
🎓 Education & LearningCentral

Centrally-Sponsored Scheme Of Pre-Matric Scholarship For Scheduled Caste Students Studying In Classes 9th & 10th

A scholarship scheme by Ministry of Social Justice & Empowerment for regular, full-time students from Scheduled Castes studying in Class 9th and 10th in a Govt. School / a School recognized by Govt. / CBSE / State Board of Secondary Education.

💰Scholarship (₹ per month) (for 10 months in an academic year): ₹ 225 for Day Scholars, ₹ 525 for Hostellers.1. Books and Ad hoc Grant (₹ per annum): ₹ 750 for Day Scholars, ₹ 1000 for Hostellers. | Additional Monthly Allowances for Person with Disability (PwD) studying in private unaided Schools - | - Reader Allowance (for Blind students) – ₹ 160 | - Transport Allowance (if the students do not reside in the hostel which is within the premises of the Educational Institution) – ₹ 160 | - Escort Allowance (only for Severely Disabled Day Scholars / Students with low extremity disability) – ₹ 160 | - Helper Allowance (admissible to any of the hostel willing to extend help to a severely orthopaedically handicapped student residing in the hostel of an Educational Institution who may need the assistance of a helper) – ₹ 160 | - Coaching Allowance to Mentally Retarded and Mentally ill Students – ₹ 240
🎓 Education & LearningCentral

CIFE - Institutional Fellowship

From the year 2010 onwards, the division is offering Masters and PhD in two disciplines namely Fish Nutrition and Feed Technology and Fish physiology and Biochemistry with an objective of moulding professionals with fundamental and advanced knowledge and expertise.

💰ICAR offers Junior Research Fellowship (JRF) for post-graduate education leading to a Master's Degree Program at the rate of Rs. 5760/- per month for two years with a contingent grant of Rs. 6000/- per annum (for procurement of essential chemicals, equipment, books and travel allowances connected with the collection of research data). Continuance of Fellowship after the 1st year is dependent on maintaining the required OGPA as per guidelines. | - As per 41st Academic council approval, the students who secure and maintain the required O.G.P.A. even if he/she has not cleared the examination in a particular course will be entitled to fellowship. However, the student will remain on ‘Scholastic probation’ until he/she clears the examination for the course(s). | - The JRF will be given only to those candidates who join the M.F.Sc. Program in the University/Institute other than that from where he/she has obtained the Bachelor's Degree. Under no circumstances, a change of subject for JRF will be entertained. | - ICAR Senior Research Fellowship (SRF) for Ph.D. Degree is offered at the rate of Rs. 7000/- per month for the first two years and Rs. 5600/- in the third year with a contingent grant of Rs. 10,000/- per annum (for procurement of essential chemicals, equipment, books and travel allowances connected with the collection of research data). | - A maximum of Rs. 2500/- in the first year could be utilised for the purchase of books and Rs. 2500/- for the preparation of a thesis. The remaining contingent grant would exclusively be utilised for contingency connected with the conduct of research work. | - Institutional Fellowship for M.F.Sc. Programs is at present at the rate of Rs. 5040/- per month for two years and for Ph.D. programs at the rate of Rs. 7000/- for three years. The contingent grant given is Rs. 6000/- per year at Masters's level and Rs.10,000/- per year at Ph.D. level. | - A maximum of Rs. 2500/- in the first year could be utilised for the purchase of books and Rs. 2500/- for the preparation of a thesis. The remaining contingent grant would exclusively be utilised for contingency connected with the conduct of research work.
🎓 Education & LearningCentral

Coaching Schemes For Sc/st/obc (non-creamy Layer) & Minority Students For Universities

Coaching schemes for students belonging to SC (Scheduled Caste), ST (Scheduled Tribe), OBC (Other Backward Classes) (non-creamy layer), and minority communities are implemented to provide them with equal opportunities and support in pursuing higher education.

💰The institutions can apply for one or more components of the scheme according to the number of enrolment of Scheduled Castes, Scheduled Tribes, OBC (Non-Creamy Layer), and Minorities Communities Students. If, the number of students in a particular class is more, additional section(s) may be included. Financial assistance is available for the following items: | Non-recurring items: A “one-time” grant up to Rs. 5.0 lakhs for each scheme during the XII Plan period for the following items: | - Books and Journals | - Audio-visual and teaching/ learning aid material | - Computers with Printer | - Photocopier | - Generator or Inverter | Recurring Items: Rs.7.00 lakhs for universities for each scheme per annum for expenditure on the following items: | - Honorarium to the Coordinator of the schemes @Rs. 2000/- per month | - Remuneration to teachers and scholars* | - Part-time staff with computer knowledge (on a contract basis) @ 6,000/- p.m. | - Part-time Peon/Attendant.@ Rs.1000/- p.m | - Contingency - Rs 50,000/- per annum | Remuneration at the rate of Rs. 300/- per hour per subject to the teachers and Rs.200 /- per hour to postgraduate students/ Research Scholars could be paid for theory classes and Rs.150/-per hour respectively for practicals. Generally, a faculty member should not teach for more than 2 hours a day. However, in exceptional cases where an eminent educationist is invited for a Special lecture, the remuneration @ Rs.500/- per hour and admissible T.A. could be paid with the approval of the Head of the Institution. The payment of remuneration to the participating teachers, PG students, and research scholars may be paid regularly every month without waiting for the pending grant from the UGC. | The final amount of grant to be allocated would depend upon the number of schemes, the number of students enrolled for the schemes in the proposal, and the decision of the Committee appointed for serving the applicants for these schemes.
🌾 AgricultureCentral

Coconut Palm Insurance Scheme

The “Coconut Palm Insurance Scheme (CPIS)” is being implemented by the Coconut Development Board, Ministry of Agriculture and Farmers Welfare, Government of India with the objective of insuring coconut palms against natural calamities, climatic risks, pests, diseases, and other perils.

💰Sum Insured & Premium: Under this scheme, 50% of the premium is borne by the Board and balance is shared between the State Government and Farmers @ 25% each, as below: | Age group of PalmsPremium per plant/yearBoard’s Share (50%)State Govt. Share (25%) Farmer’s Share (25%) Sum insured per palm4-15 years ₹9₹4.50₹2.25₹2.25₹900/-16-60 years₹14₹7₹3.50₹3.50₹1750/-Premium Subsidy: | - Of amount under above, 50% will be paid by Coconut Development Board (CDB) and 25% by State Government concerned and balance 25% will be paid by farmer/grower. | - In case, the State government does not agrees to bear 25% share of premium, farmers/growers, will be required to pay 50% of premium, if interested in insurance scheme. In case some planters/growers’ association wishes to bear the premium on behalf of planters/growers, such associations may do so if they have ‘insurable interest’. | - In any case, the planters/ growers shall have to bear a minimum of 10% premium. Premium subsidy amount (50% by CDB and 25% by participating States) will be released to Insurance Company in advance based on estimates, which will be replenished / adjusted on quarter/year basis. | Insurance Term: | - A policy can be issued for a maximum period of three years for which rebate in premium @7.5% for two year policy and 12.5% for three year policy will be provided to the planters/growers. | - Effort will be made to ensure that all eligible farmers/growers join the scheme by 31st March of year. However, those farmers/growers who do not join the scheme by 31st March may join the scheme subsequently, and in which case risk is covered from 1st day of succeeding month. | Contingency Insured: | This insurance policy pays for total loss of palm on account of happening of perils insured leading to death of insured palm or It’s becoming unproductive. In case, death of palm is not immediate, payment of sum insured will be payable on production of certificate from Coconut Development Board (CDB)/Agriculture / Horticulture Department justifying cause for declaring palm unproductive. A palm can be declared ‘unproductive’ only when further growth / rejuvenation of palm is removed / possible after the same damaged by peril(s) insured, provided palm is removed / felled by insured. In case farmer / grower wishes to retain unproductive palm as it is (without felling), salvage value of 50% of sum insured will be deducted from claim. In any case, loss of palm will have to be established to, occurrence of peril insured.
🌾 AgricultureCentral

Coffee Development Programme in North Eastern Region: Consolidation of Coffee

The scheme "Consolidation of Coffee" aims to increase the productivity of the existing coffee holdings by gap filling or rejuvenation, followed by improved cultivation methods such as application of compost, bush management, shade management, pest and disease control, etc.

💰Unit Cost: ₹60,000 per hectare. | Scale of Subsidy: 50% of the Unit Cost, which is ₹30,000 per hectare. | Release of Subsidy | The subsidy will be released in two installments: | - 1st installment: 60% of the unit cost. | - 2nd installment: 40% of the unit cost. | Mode of Payment | The Joint Director (Extn.) / Deputy Director (Extn.), after confirming the admissibility of the claim, will release the 1st and 2nd installments of the eligible subsidy amount to the grower's bank account through EFT/RTGS/NEFT.
🌾 AgricultureCentral

Coffee Development Programme in North Eastern Region: Expansion of Coffee

The scheme "Coffee Development Programme in North Eastern Region: Expansion of Coffee" by the Coffee Board, Department of Commerce, Ministry of Commerce and Industry, aims to facilitate afforestation in the Jhum lands and help settle the tribals on a permanent footing.

💰Unit Cost: ₹1,00,000/per hectare. | Scale of Subsidy: 50% of the Unit Cost, i.e., ₹50,000/per hectare. | Release of Subsidy: In two installments | - 1st installment: 60% of the unit cost | - 2nd installment: 40% of the unit cost | Procedure for Payment of Subsidy to the Grower | The Joint Director (Extn.) / Deputy Director (Extn.) after confirming the admissibility of the claim will release the 1st and 2nd installments of the eligible subsidy amount, as the case may be, to the grower's bank account EFT/RTGS/NEFT.
🌾 AgricultureCentral

Coffee Development Programme in North Eastern Region: Quality Upgradation / Certification: Drying Yards

The scheme "Quality Upgradation / Certification: Drying Yards" aims to facilitate the improvement of the quality of coffee produced by growers by encouraging them to establish infrastructure for quality enhancement and obtain certification for their coffees, enabling them to earn better returns.

💰Unit Cost and Scale of Subsidy | Size of the Holding: Up to 2 hectares. | Dimension of the Unit: 10 feet x 10 feet or (100 square feet). | Unit Cost: ₹15,000/- | Rate of Subsidy: 75% of unit cost. | Size of the Holding: 2 hectares and above. | Dimension of the Unit: 20 feet x 20 feet or (400 square feet). | Unit Cost: ₹45,000/- | Rate of Subsidy: 75% of unit cost.
🌾 AgricultureCentral

Coffee Development Programme in North Eastern Region: Quality Upgradation / Certification: Supply of Baby Pulpers

The scheme "Supply of Baby Pulpers" aims to facilitate the improvement of the quality of coffee produced by growers by encouraging them to establish infrastructure for quality enhancement and obtain certification for their coffees, enabling them to earn better returns.

💰Unit Cost: Actual cost of the unit or ₹16,000 per unit, whichever is less. | Scale of Subsidy: 75% of the Unit Cost.
🌾 AgricultureCentral

Coffee Development Programme in North Eastern Region: Quality Upgradation / Certification: Support for Eco-Certification / Organic Certification

The scheme aims to encourage coffee growers to improve quality for higher returns and improve access to high-value specialty markets through the production of eco-certified coffees. It also encourages small growers to form groups/collectives to take up eco-certification.

💰Scale of Subsidy | For Organic Certification: 75% of the certification cost spread over 3 years or the Conversion period, whichever is less during the MTF period. | For Other Eco-Certifications: 75% of the certification cost for one year during the MTF period. | NOTE: This incentive is provided only as backend support for those who obtain certification of their estates. However, in the case of organic certification, the costs incurred towards certification during in-conversion period are also eligible for support.
🌾 AgricultureCentral

Coffee Development Programme in North Eastern Region: Support for Group Nurseries

The scheme "Coffee Development Programme in North Eastern Region: Support for Group Nurseries" by the Coffee Board, Department of Commerce, Ministry of Commerce and Industry, aims to provide growers with high-quality coffee seedlings to ensure the proper establishment of plantations.

💰Each coffee seedling is eligible for a support of ₹5.
🌾 AgricultureCentral

Coffee Development Programme in North Eastern Region: Water Augmentation

The scheme "Coffee Development Programme in North Eastern Region: Water Augmentation" aims to improve the productivity and quality of coffee by facilitating the creation of infrastructure for water augmentation for irrigation and wet processing of coffee.

💰Subsidy Details | - The eligible subsidy for water harvesting structures and sprinkler units is 75% of the unit cost, capped at a maximum ceiling of ₹1,25,000 for all related activities combined. | - For below-ground water storage tanks, the subsidy is based on the lower value between dimension and unit cost applicable to the size of the holding. | - For above-ground water storage tanks, the subsidy is based on the lower value between the actual cost or the unit cost applicable to the below-ground water tank. | Subsidy Availability | Growers can claim subsidies for water harvesting structures and irrigation equipment either simultaneously or at different times. | Unit Cost and Subsidy for Water Harvesting Structures | Size of HoldingDimension of Water Harvesting StructureTotal Unit Cost (₹)Subsidy AmountUp to 2 Ha.30' x 30' x 10' (9000 Cft.)43,000.0075% of Unit Cost2 Ha to 4 Ha & above43' x 43' x 10' (18490 Cft.)89,000.0075% of Unit CostUnit Cost and Subsidy for Sprinkler/Drip Unit | Size of HoldingTotal Unit Cost (₹)Subsidy AmountUp to 1.00 Ha. 60,000 75% of the Unit Cost1.00 to 2.00 Ha. & above 1,20,000 75% of the Unit Cost
💼 Business & EntrepreneurshipCentral

Coir Udyami Yojana

The scheme "Coir Udyami Yojana" by the Coir Board, Ministry of MSME, Government of India, aims to modernize the coir industry and generate rural employment. It offers credit-linked financial assistance to establish coir units by eligible applicants.

💰Beneficiary’s contribution (of Project Cost): 5%- Bank credit: 55%- Rate of Subsidy (of project cost): 40% | Note: | - The maximum admissible cost of the project is ₹10,00,000/- plus working capital. Working capital shall not exceed 25% of the project cost. Subsidy will be computed excluding the working capital component. | - The Bank will sanction 95% of the project cost after adjusting 5% beneficiary contribution deposited and disburse the full amount of the project cost, including the beneficiary contribution, in installments for setting up the project.
💼 Business & EntrepreneurshipCentral

Coir Vikas Yojana- Coir Industry Technology Upgradation Scheme

The scheme “Coir Industry Technology Upgradation Scheme (CITUS)” is a component of “Coir Vikas Yojana” and the scheme was launched by Ministry of Micro, Small & Medium Enterprises, Government of India.

💰Assistance under the component will be available to entrepreneurs in the categories of SHGs, Associations, and Enterprises from small/medium/co-operative/public sector, interested in the production of value-added coir/coir blended items, where coir is the dominant fiber, by setting up a new unit or adding to the existing capacity, subject to investment only in new Plant and Machinery. | - All eligible Coir units under the component will be entitled to get financial assistance for the procurement of eligible Plants and Machinery for modernization, upgradation, and/or establishing a new unit on making an application in the prescribed format for the purpose. | - The financial assistance shall be 25% of the cost of admissible items of Plant and Machinery procured by the Coir units. | - The upper ceiling of the financial assistance will be ₹2.50 crore per coir unit/project. | - The financial assistance will be payable only in Indian Rupees in India through Direct Benefit Transfer (DBT) mode and Public Finance Management System (PFMS) as reimbursement of the amount invested. | Note 01: Single unit/enterprise will not be allowed for grant of assistance under this Scheme. | Note 02: No applications from those units exceeding the investment limits prescribed for medium-scale enterprises in the MSME Act, from time to time, shall be considered for grant of assistance under this component. | Note 03: The amount will be released after the Coir Unit installs the appropriate/approved Plant and Machinery and commences its operation. | Note 04: The applicant unit will be at liberty to procure the Plant and Machinery out of the loan amount from any financial institution/bank/leasing company or from its own resources
💼 Business & EntrepreneurshipCentral

Coir Vikas Yojana- Export Market Promotion Scheme

Coir Board is implementing the Central Sector Scheme “Export Market Promotion Scheme” with a view to improve the export performance of Indian Coir Sector through various export market promotion activities.

💰Delegation, Consultancy & Information Sourcing | - Participation in International seminars and conferences and organizing capacity-building programmes in export-related areas | - Participation in international fairs/product promotion programmes, catalogue shows and organizing exclusive international fairs and buyer-seller meets for coir | - Publicity abroad | - External Market Development Assistance | - Coir Industry Awards | - Financial assistance includes assistance for participation in International Exhibitions/Trade Fairs/Buyer seller Meets held in foreign countries: | - 100% of the space rent subject to a maximum of ₹1.00 lakh or actual rent paid in the case of foreign countries, whichever is lower per exporter/enterprise. | - 100% of the economy class airfare subject to a maximum of ₹1.50 lakh/ and ₹1 Lakh in India or actual fare paid, whichever is lower to one representative of the exporter. | - Freight charges- Actual subject to a maximum of ₹25,000/- in foreign countries and ₹20,000/- in India- per exporter/enterprise.
💼 Business & EntrepreneurshipCentral

Coir Vikas Yojana-Skill Upgradation and Mahila Coir Yojana

The scheme “Skill Upgradation and Mahila Coir Yojana” is a component of “Coir Vikas Yojana” and the scheme was launched by the Ministry of Micro, Small & Medium Enterprises, Government of India.

💰Nature of assistance: Coir workers/entrepreneurs will get an awareness of modern technologies developed by the Coir Board. The training programme will help the trainees/ artisans to upgrade their skills in producing coir yarn and other diversified coir products. Management skills can also be acquired by attending EDP programmes to the entrepreneurs to run the Coir units more effectively and efficiently. | Skill Upgradation: | - Under the scheme, the Board is conducting various programmes like the Entrepreneurship Development Programme, Awareness Programme, Workshop, Seminar, Exposure Tour, etc. To attract more entrepreneurs to start coir processing units. In order to create the skilled manpower required for the coir Industry the Board is implementing various value-added products training programmes. | - The candidates undergoing these skill development training programmes are given a monthly stipend amounting to ₹3000/- per month and in the case of training programmes of less than one-month duration, the stipend will be disbursed on a pro-rata basis. | - The honorarium for the trainer will be limited to ₹15,000/- per month. | - An amount of ₹400/- per head per month will be provided as financial assistance to the training sponsoring agency to meet the operational cost of the training for raw material, power charges, other incidentals etc. on submission of a self-certification of Expenditure from the Sponsoring Agency which will be verified and passed by the Regional/Sub Regional Officer for effecting the payment. | Mahila Coir Yojana (MYC): | - The programme envisages providing training only to women artisans. | - The Board is conducting a training programme under the “Mahila Coir Yojana” scheme which is exclusive for rural women artisans. Under the scheme, the training is given in spinning of coir yarn/ various coir processing activities to rural women in regions producing coir fibre in the country. | - The training will be provided on sophisticated machinery/advanced technology in order to scale up the skills of the Mahila Coir Workers. | - The MCY training will be integrated along with LBI in order to make the MCY trainees more entrepreneurial. | - The trained women will be encouraged to avail of assistance under CVY (merged with PMEGP), to set up a unit/start self-employment. The year-wise target for the coir sector will be provided under the PMEGP. Necessary handholding support will be provided by the Coir Board through its field officer to the women artisans to avail of assistance under PMEGP. | - The scheme envisages the distribution of motorized ratts/motorized traditional ratts/electronic ratt for spinning coir yarn; equipment for weaving spinning and production and value-added products to trained women artisans. | - The financial assistance for procurement of machines/equipment may be obtained under the PMEGP scheme for setting up new coir units for which the maximum project cost is up to ₹25 lakhs.
🎓 Education & LearningCentral

Collaborative Research Scheme (CRS)

Collaborative Research Scheme (CRS) has been introduced by the All India Council for Technical Education to support innovation & research across institutes with collaboration among TEQIP Faculty, Regular faculty of Project institutions (focus and non-focus) & Premier institutions of the country.

💰Limit of Funding: | - Maximum funding of ₹ 25,00,000/-. | Note: | - Recurring 40% and Non-Recurring 60% of the total grant sectioned. | - Institute have to open separate bank account in nationalised bank for the grant in Collaborative Research Scheme. | - Extra funds provided only in special cases. | Disbursement of the funds: | - 25% amount of total sanctioned Non-recurring Grant and 25% amount of the total sanctioned Recurring Grant in a first installment. | - Remaining of total sanctioned Recurring and Non-Recurring grant only after the submission of Utilization Certificate, all requisite documents and review of the project by expert committee.
🎯 Skills & EmploymentCentral

Comprehensive Handicrafts Cluster Development Programme

The Comprehensive Handicrafts Cluster Development Scheme was launched to create a world-class infrastructure that will cater to the business needs of local artisans & SMEs in order to boost production and export.

💰Under the Comprehensive Handicrafts Cluster Development Scheme, interventions such as baseline Survey and activity Mapping, Skill Training, Marketing events, Improved Tool Kits, Publicity, Seminars, capacity building, Design workshops, etc will be provided. The scheme will also provide for Emporiums, Common Facility Centres, Raw Material Banks, Trade Common Production Centres, Facilitation Centres, and Design & Resource Centres.
💼 Business & EntrepreneurshipCentral

Consortia & Tender Marketing Scheme

Micro & Small Enterprise in their Individual Capacity faces problems to procure and execute large order, which inhibit and | restrict their growth. NSIC accordingly, adopts Consortia approach and forms consortia of units manufacturing the same | products, thereby easing out marketing problems of MSEs.

💰Enlistment of the Unit for participating in Government/Private tenders. | - Benefit of 0.5% in service charges to consortium members.
🏠 Housing & ShelterCentral

Construction of Hostels for OBC Boys and Girls

The Scheme aims at providing hostel facilities to students belonging to socially and educationally backward classes, especially from rural areas, to enable them to pursue secondary and higher education.

💰The cost per hostel seat in different areas under the scheme are as follows:- | - North Eastern Region: ₹3.50 lakh per seat | - Himalayan Regions: ₹3.25 lakh per seat | - Rest of country: ₹3.00 lakh per seat | (OR) as per the schedule of the rates for the concerned State Government, whichever is lower. | - There will also be a one-time non-recurring grant of ₹2,500/- per seat for providing furniture/equipment to the hostels constructed under the Scheme. | - The funding pattern as per the guidelines are: | - The cost of construction of hostels for Boys has to be shared between the Centre and the State in 60:40 ratio. | - There will be 90% central assistance to State Governments in case of Girls Hostels and 10% of cost will be borne by the State Governments. | - In case of Union Territories, the Central Assistance shall be 100% and for North Eastern States and 3 Himalayan States (Jammu and Kashmir, Himachal Pradesh and Uttarakhand), it shall be 90%. | - For Central Universities/Institutes, the share will be 90% by Government of India and 10% by the Central University/Institute for both Boys and Girls Hostels. | - The amount of grant will be released in 3 installments in 50:45:5 ratio, of which 5% grant will be released after completion of the work and occupation of the rooms by the OBC Boys and Girls. | Note: The construction work of the Hostel has to be completed within eighteen months from award of work order or two years from the release of 1st installment of Central assistance, whichever is earlier. In no case the time will be extended beyond 2 years. Any cost escalation due to delay in the project will be borne by the State/Institute. Proposals for 2nd installment must be received in this Ministry within one year from the date of release of 1st installment after completing construction work up to roof level.
🎯 Skills & EmploymentCentral

Craftsmen Training Scheme

The scheme aims to ensure steady flow of skilled workers in different trades for domestic industry and reduce unemployment among educated youth. It provides systematic vocational training through Industrial Training Institutes and National Skill Training Institutes across India.

💰Vocational Training and Skill Development | - Training Duration: Varies from 6 months to 2 years, depending on the trade.- Trade Certification: National Council for Vocational Training certificate upon successful completion.- Skill Development: Hands-on practical training in various industrial trades.- Employment Opportunities: Enhanced employability in domestic and international markets. | Training Infrastructure and Facilities | - Training Network: Access to 15,042 Industrial Training Institutes and 33 National Skill Training Institutes.- Modern Equipment: Training on the latest industrial equipment and technology.- Expert Instruction: Training by qualified instructors and industry experts.- Workshop Facilities: Well-equipped workshops for practical training. | Assessment and Certification | - All India Trade Tests: Conducted by the Directorate General of Training under the aegis of the National Council for Vocational Training at the end of training.- National Recognition: Certificates recognized across India for employment.- Industry Standards: Training aligned with current industry requirements and standards. | Conditions | - Minimum 80% attendance is required to appear in the Final Trade Test. | - Regular participation in practical training sessions and workshops. | - Compliance with the institute rules and regulations. | - Successful completion of periodic assessments and tests.
💼 Business & EntrepreneurshipCentral

Credit Based Schemes For SC - Term Loan (TL)

A loan scheme by Ministry of Social justice and Empowerment for Entrepreneur of Scheduled Caste Category.

💼 Business & EntrepreneurshipCentral

Credit Enhancement Guarantee Scheme For The Scheduled Castes

a loan scheme by the Ministry of Social justice and Empowerment for Entrepreneurs of Scheduled Caste Category.

💼 Business & EntrepreneurshipCentral

Credit Guarantee Scheme for Startups

The GoI established the Credit Guarantee Scheme for Startups with a fixed corpus to provide credit guarantees for loans extended to DPIIT recognised startups by Scheduled Commercial Banks, NBFCs, and Venture Debt Funds (VDFs) under SEBI-registered AlFs.

💰Provides collateral free debt funding to eligible DPIIT recognised startups by backing their loans with a government guarantee. | - Improves access to a wide range of instruments such as venture debt, working capital limits, subordinated/mezzanine debt, debentures and other fund and non fund based facilities. | - Offers high guarantee coverage of up to 85% of the amount in default for loans up to Rs. 10 crore, significantly reducing loss risk for lenders on smaller exposures. | - Provides 75% guarantee coverage of the amount in default for loan amounts above Rs. 10 crore, up to an overall cap of Rs. 20 crore per borrower. | - Lowers risk for Member Institutions (banks, NBFCs, FIs, AIF based venture debt funds), encouraging them to lend more actively to startups. | - Supports both transaction based and umbrella based guarantees, enabling individual startup loans as well as pooled venture debt portfolios to be covered. | - Offers concessional guarantee fee/commitment charge for North East units, women led startups and entities in the 27 Champion Sectors, reducing their effective cost of borrowing. | - Provides unconditional and irrevocable guarantee cover, increasing lender confidence and stability in credit flows to startups. | - Permits restructuring and enhancement of existing CGSS covered credit facilities while retaining guarantee cover, subject to the overall limit. | - Strengthens the startup ecosystem by improving formal credit availability, enabling innovative startups to scale, invest in technology and create employment.
🏠 Housing & ShelterCentral

Credit Linked Subsidy Scheme for Middle Income Group

Under Credit Linked Subsidy Scheme, beneficiaries of Middle-Income Group (MIG) can seek housing loans from Banks, Housing Finance Companies and other such institutions for acquisition/ construction of house (including re-purchase).

💰Scheme will support the acquisition/construction of houses (including repurchase) of 160 sq. mts. (For MIG I) and 200 sq. mts. (For MIG II) carpet area as per income eligibility with basic civic infrastructure like water, toilet, sanitation, sewerage, road, electricity, etc. | - Beneficiaries of MIG will be eligible for an interest subsidy with the following features: | ParticularsMIG IMIG IIHousehold Income (₹ per annum)6,00,001 - 12,00,00012,00,001 - 18,00,000Interest Subsidy (% per annum)4%3%Maximum loan tenure (in years)2020Eligible housing loan amount for interest subsidy (₹)9,00,00012,00,000Dwelling Unit Carpet Area160 sq. mts. 200 sq. mts. Discount rate for Net Present Value (NPV) calculation of interest subsidy (%)9%9%Note 01: Interest subsidy will be available only for loan amounts indicated in the table for the tenure of 20 years or during the tenure of the loan whichever is lower. | Note 02: Additional loans beyond the specified limit, if any, will be at a non-subsidized rate.

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