The FinTech Hub
Source: Live Mint Modified Interest Subvention Scheme (MISS) is a central sector scheme by the Government of India which is fully funded for giving concessional short term credit to the farmers. Launched in the 2006- 07 fiscal year, the scheme is designed to provide cheap credit to the farmers engaged in agriculture and allied activities….
Source: Live Mint The fisheries sector is an important part of India’s economy that generates livelihoods for millions and contributes significantly to food security. Realising its significance, the government has initiated many initiatives one of which is the Kisan Credit Card Fisheries Scheme that provides loans specific to fishermen and fishermen farmers. Key advantages of…
Source: Live Mint PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) scheme, has been launched to benefit street vendors. The aim is to mainstream them and improve their lives. What is the PM SVANidhi scheme? It’s a micro-credit scheme, launched by the Ministry of Housing and Urban Affairs, in June 2020. Collateral-free loans are given under…
Source: Live Mint PM Gati Shakti is an initiative by the Government of India to accelerate infrastructure development through integrated planning and proper execution. What is the PM Gati Shakti scheme? The PM Gati Shakti scheme integrates infrastructure schemes across ministries. It focuses on enhancing connectivity and boosting the competitiveness of Indian businesses. It facilitates…
Source: Live Mint The Indian government has a variety of credit schemes aimed at supporting small business owners and entrepreneurs in many industries. The scheme is intended to empower prospective entrepreneurs, spur economic growth, and generate employment. It is aimed at the microcredit that small businesses use to start off, finance, and grow huge corporations…
