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Atma Nirbhar Uttar Pradesh Rojgar Abhiyan launched

On June 26, 2020, PM Modi launched Atma Nirbhar Uttar Pradesh Rojgar Abhiyan. UP is one of the 6 states chosen where the Garib Kalyan Rojgar Abhiyan is to be implemented. The other 5 states include MP, Maharashtra, Bihar, Odisha ..

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Pradhan Mantri Mudra Yojana

On June 24, 2020, the Union Cabinet under PM Modi approved the scheme for interest subvention of 2% to all Shishu loans under Pradhan Mantri Mudra Yojana (PMMY). Highlights The scheme is to be extended to loans that will meet ..

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KVIC taps Indian Palm Industry

The Khadi and Village Industries Commission is to roll out a project to produce Palamgur and Neera. The initiative is to generate huge employment. Highlights Neera is to be introduced as a substitute for soft drinks. This will create self ..

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Rs 14,690 Crore disbursed under Emergency Credit Line Guarantee Scheme

On June 12, 2020, the Ministry of Finance announced that the public sector banks have so far disbursed Rs 14,690 crores for the MSMEs under the Emergency Credit Line Guarantee Scheme (ECLGS). Highlights The credit line of ECLGS is the ..

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Jagananna Chedodu Scheme launched

The Andhra Pradesh Chief Minister Jagan Mohan Reddy recently launched “Jagananna Chedodu” scheme. The scheme is to provide financial assistance to barbers, tailors and washer men. Highlights The Jagananna Chedodu scheme is to provide Rs 10,000 per person. It is ..

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Atal Innovation Mission: To promote Entrepreneurship

On June 5, 2020, the Council of Scientific and Industrial Research (CSIR) and Atal Innovation Mission came together to promote culture of innovation and entrepreneurship in areas of mutual interest. Highlights The CSIR incubators will work under Atal Innovative Mission ..

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GoI: No New Schemes for a year

On June 5, 2020, the Government of India announced that no new schemes will be approved till March 31, 2021. Till then, the schemes under Pradhan Mantri Garib Kalyan Yojana and Atma Nirbhar Bharat Abhiyan are to be implemented. Highlights ..

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Loans worth Rs 3,200 crores sanctioned under Atma Nirbhar Bharat Abhiyan

On June 2, 2020, the Public Sector Banks sanctioned collateral free loans that were worth Rs 200 crores. The complete Rs 200 crore sanction was done in a single day. Highlights The PSBs are set to sanction Rs 3,200 crores ..

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