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News on Medial
New startup policy approved in J&K
Economic Times
·
1y ago
Medial
The Jammu and Kashmir administration has approved a new startup policy aimed at establishing 2,000 startups in the region by 2027. The policy includes provisions for entrepreneurship facilities for students, women, and support from the government and private investors. The government will also set up a Venture Capital Fund of Rs 250 crore and provide a maximum of Rs 25 crore as an initial fund. The policy also includes assistance for seed funding and land allotment for startups. The budgetary support for implementing the policy for three years will amount to Rs 39.60 crore.
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Related News
Entrepreneurship boost: All you need to know about J&K's new startup policy
Livemint
·
1y ago
Medial
The Jammu and Kashmir administration has approved a new startup policy with the aim of establishing 2,000 new startups in the region by 2027. The policy focuses on providing support to students, women, and entrepreneurs, with assistance from government, private entities, and high-net-worth individuals. A Venture Capital Fund of INR 250 crore will be created to invest in recognized startups, and the J&K Entrepreneurship Development Institute will assist with land allotment. Startups will also receive one-time seed funding of up to INR 20 lakh. Monitoring committees will oversee the implementation of the policy.
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J&K Unveils New Startup Policy, To Foster 2,000 Startups By 2027
Inc42
·
1y ago
Medial
The Jammu and Kashmir administration has approved a startup policy aimed at nurturing 2,000 startups in the region by 2027. The government plans to establish a venture capital fund with an initial infusion of INR 25 crore ($3.35 million) and a total outlay of INR 250 crore ($33.5 million). Selected startups will be eligible for one-time seed funding of up to INR 20 lakh ($26,800) through the J&K Entrepreneurship Development Institute. The new policy also aims to attract support from private entities and high-net-worth individuals, and create job opportunities in the region.
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Jammu and Kashmir to notify new startup policy by next month, says Lt Gov
IndianStartupNews
·
1y ago
Medial
The Jammu and Kashmir administration plans to introduce a new Startup Policy by next month, aimed at fostering innovation and economic growth in the region. The policy will focus on untapped sectors and provide seed funding of up to Rs 20 lakh to eligible startups, along with capital grants for incubator and accelerator infrastructure. The administration also intends to collaborate with Startup India, angel investor networks, and premier institutes to create a supportive startup ecosystem in J&K.
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Maharashtra cabinet approves new startup policy, freight corridor project
YourStory
·
3d ago
Medial
The Maharashtra Cabinet approved several initiatives, including the Maharashtra Startup, Entrepreneurship, and Innovation Policy 2025 to foster skill development and innovation. It also sanctioned a new freight corridor linking Vadhavan Port to the Maharashtra Samruddhi Mahamarg, cleared a policy for disposing of unviable government land, and approved a revised policy for monetizing surplus MSRTC land. Additionally, a Rs 50 crore grant was approved for Nagpur Weavers' Cooperative and enhanced support for NGOs aiding leprosy patients.
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Johnson & Johnson drops 130-year old script logo
Livemint
·
1y ago
Medial
Johnson & Johnson (J&J) has updated its logo, changing the iconic script used since 1887 to a more modern design, as part of its effort to highlight its focus on innovative medicine and medical technology. The new logo retains the iconic ampersand and features a different shade of red. J&J's shift towards being a "pure play health care company" is reflected in the change. The signature logo will still be seen on consumer products from a new company spun off from J&J called Kenvue. The company will also rebrand its pharmaceutical business as "Johnson & Johnson Innovative Medicine" and its medical devices and technology segment as "Johnson & Johnson MedTech."
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Elon Musk paying $2,000 a night to stay close to Donald Trump?
Economic Times
·
7m ago
Medial
Elon Musk, CEO of Tesla and SpaceX, is poised to have significant influence in the new US government, notably as a key advisor to President-elect Donald J. Trump. Musk is Trump's largest donor, actively shaping policy, personnel, and strategy decisions during the transition. Reports suggest he is staying in Mar-a-Lago at $2,000 a night, reflecting his unique entwining of business, politics, and personal connections to wield influence in the upcoming administration.
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Karnataka placed first in country for highest wind power capacity
Economic Times
·
1m ago
Medial
Karnataka leads India in wind power capacity, adding 1,331.48 MW in 2024-25, recognized during Global Wind Day 2025. State Energy Minister K J George credits proactive policies and vision for this achievement. Karnataka's total wind power capacity now stands at 7,351 MW. The state plans to implement 17 GW more projects, supporting India's goal of 500 GW renewable energy by 2030. Union Minister Pralhad Joshi highlighted India's stature as the fourth-largest wind power producer globally.
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Government aims to make J&K Rs 1 trillion agricultural economy by 2030: LG Manoj Sinha
Economic Times
·
1m ago
Medial
Lieutenant Governor Manoj Sinha announced the government's initiative to transform Jammu and Kashmir into a Rs 1 trillion agricultural economy by 2030. This strategy is part of a broader effort to empower farmers in J&K, supporting their prosperity and aligning with India's goal of becoming a developed nation by 2047. The initiative includes increasing rural employment and farmer income, with special attention to tribal farming communities and expanding benefits under the PM Fasal Bima Yojana for horticulturists.
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India leading most cost-effective, successful space programme in world: PM Narendra Modi
Economic Times
·
3m ago
Medial
Prime Minister Narendra Modi highlighted India's emergence as a global space power, leading a cost-effective and successful space programme. He credited former ISRO chief K Kasturirangan for his pivotal role, including developing the New National Education Policy. India's significant achievements include reaching the Moon's South Pole and launching Mars Orbiter Mission. Modi emphasized the growth in space startups and upcoming missions like Gaganyaan and Chandrayaan-4, underscoring youth contribution and innovation in the sector.
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Maharashtra Cabinet approves EV policy 2025 with tolll waivers and purchase subsidies
Entrackr
·
3m ago
Medial
The Maharashtra cabinet has approved Electric Vehicle Policy 2025 as per which certain electric vehicles plying on highways will be given a toll waiver, and subsidies on purchase of such vehicles to boost their use to help bring down air pollution. The policy was approved in the state cabinet meeting chaired by Chief Minister Devendra Fadnavis. A statement said the policy will be valid till 2030 and Rs 1,993 crore will be earmarked for the sector. "The state government has approved a new Electric Vehicle (EV) policy, under which passenger EVs will be given subsidies. EV manufacturing and their use should increase in the state," said Fadnavis. According to the policy, the charging infrastructure will be strengthened under it and there will be charging facilities on the national highways at a distance of 25 km. The policy also envisages implementing the Clean Mobility Transition Model by giving sops to those buying EVs till 2030. Electric two-wheelers, three-wheelers, private four-wheelers, state transport corporation buses, private buses, transport undertakings under civic bodies will be given 10 per cent concession on purchase as against its original cost. Electric goods-carrying three-wheelers and four-wheelers, electric tractors will be given a concession of 15 per cent as against its original cost. Under this policy, registration fee will also be waived for EVs. Under this policy, toll will be waived for four-wheeler EV vehicles and buses using Mumbai-Pune Expressway, Atal Setu, Samruddhi Mahamarg. Toll will only be 50 per cent for these vehicles plying on state and other national highways.
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