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Monthly Archives: November 2015

Enterprise Development Scheme by Tamil Nadu Government


With an Intention to provide opportunity persons from economically and socially disadvantaged backgrounds in order to lead a life of dignity, Directorate of Industries and Commerce, Government of Tamil Nadu promoted Enterprise Development Scheme Objective: The objective of this scheme is to promote entrepreneurship amongst persons from economically and socially disadvantaged backgrounds who wish to posses their own enterprise, to ...

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Rajasthan’s Sick Micro & Small Enterprises Revival Scheme

Photo- travelurge.in

In order to revive the sick micro and small enterprises, the state government of Rajasthan has launched a special scheme called The Rajasthan Sick Micro & Small Enterprises (Revival and Rehabilitation) Scheme, 2015. SMEs play a pivotal role in economic development of any country. Not just that, this sector also helps evolve entrepreneurial ideas and innovations. However factors like limitation ...

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NHAI approves pilot project for developing greenbelt along National Highways


Highways Authority of India (NHAI) has approved a pilot project submitted by city-based National Environmental Engineering Research Institute (NEERI) for undertaking scientific studies on designing green-belts along national highways. The pilot project will be implemented on a 5-km stretch on NH-7 between Jam and Hinganghat at an estimated cost of  Rs 11.80 crore in Nagpur Division. Under the project, around ...

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Japan to provide Rs 5,536 crore loan for metro projects in India


India and Japan today exchanged notes for Japan’s Official Development Loan Assistance (ODA) worth Rs 5,536 crore for Chennai and Ahmedabad metro rail projects, said officials from Finance Ministry. The estimated base cost of the Chennai Metro Rail project is about Rs 14,600 crore and Ahmedabad Metro Rail project is a total of Rs 11,463 crore. Source: EconomicTimes

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GRSE launches second anti-submarine ‘Kadmatt’ in Kolkata for Indian Navy


The public sector shipyard Garden Reach Shipbuilders and Engineers (GRSE) has launched the second homegrown anti-submarine warfare (ASW) called ‘Kadmatt’ for the Indian Navy. The Kadmatt ASW is part of Indian Navy’s Project -28 which aims to modernize the navy by creating stealth corvettes to destroy enemy submarines. The ASW Kadmatt is the second of the Kamorta class ASW Corvettes ...

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Resurgent Rajasthan- Understanding Its MSME Assistance Scheme

Photo- indianexpress.com

Keeping the provisions enclosed in The Rajasthan MSME Policy of 2015 in mind, The Rajasthan MSME Assistance Scheme was launched to help provide MSMEs the benefits provided in the said policy. Operative period: From- 2015 To- 31st March, 2019 Scheme applicability: To all new and existing Micro, Small and Medium Enterprises Eligible units:  All MSMEs who fulfill the eligibility criteria ...

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Japan to provide loan worth Rs 5,536 cr for metro projects


Indian and Japan today exchanged notes for the approval of Official Development Loan Assistance (ODA) worth Rs 5,536 crore for Chennai and Ahmedabad rail metro projects. The Japanese government of Japan has committed Official Development Assistance (ODA) loan of an amount of about Rs 1,080 crore for the Chennai Metro Rail Project (IV phase) and Rs 4,456 crore for Ahmedabad Metro ...

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AP CM asks China to plan proposed silk route through Visakhapatnam


Andhra Pradesh CM has appealed to the Chinese government to design the proposed silk route via Visakhapatnam in the state, The Chief Minister informed them that Andhra Pradesh lies between Kolkata and Chennai ports and would be developed as a logistics hub for South East Asia. He also explained to them the importance of Amaravathi. The Chinese Deputy Minister expressed his ...

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