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Opportunity India Desk Jul 23 2024 - 4 min read- This scheme is expected to benefit 2.1 crore youth over 2 years and will provide one-month wage to all persons newly entering the workforce in all formal sectors. - The eligibility limit will be a salary of Rs. 1 lakh per month. - Direct benefit transfer of one-month salary will be up to Rs. ...
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Opportunity India Desk Jul 23 2024 - 7 min readAs anticipated, the government has announced an all-round and continuous support to strengthen the backbone of the Indian economy, the Micro, Small and Medium Enterprises (MSMEs) sector on Tuesday during its budget presentation for FY 2024-25. From Credit Guarantee to increased MUDRA loan to stress fund and new SIDBI branches in MSME clusters, Union Finance ...
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Opportunity India Desk Jul 22 2024 - 5 min readThe country has moved to knowledge and innovation backed economic growth on the back of rapid rise in patents and start-ups. The Economic Survey 2023-24, tabled today by Union Minister of Finance and Corporate Affairs Nirmala Sitharaman at the Parliament presents a strong case for a holistic innovation driven industrial ecosystem. The Survey notes that ...
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Opportunity India Desk Jul 22 2024 - 6 min readProduction linked incentive (PLI) Scheme for 14 key sectors gives fillip to MSMEs, states would be encouraged to set up unity mall to promote one district one product (ODOP), says the Economic Survey 2024 tabled by the Union Minister of Finance and Corporate Affairs Nirmala Sitharaman in Parliament today The Gross Value Added (GVA) per ...
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Opportunity India Desk Jul 18 2024 - 7 min readIndia is strongly emerging as the global leader for development, growth and production of electric vehicles (EVs). Tamil Nadu, one of the key southern States of India, is playing major role on product development and manufacturing front. At the same time, one of the oldest and most famous technology institutes of India, IIT-Madras (IITM) has ...
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Opportunity India Desk Jul 15 2024 - 12 min readTamil Nadu has emerged as one of the most favoured investment destinations for not only the domestic, but also the global E-mobility companies during recent years. The ride-hailing company Ola has come up with its largest EV two-wheeler manufacturing facility, while companies like Tata, Hyundai and Vinfast have planned to pour in Billions of dollars ...