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What are the key Budget announcements for startups? Finance Minister Nirmala Sitharaman said the government will set up a new fund of funds worth ₹10,000 crore for startups. The credit guarantee cover for startups has also been increased from 10 cr

🚀 Exciting News for MSMEs! 🚀 The government is rolling out a new credit guarantee scheme to help MSMEs get loans up to Rs 100 crore without needing collateral. This is a big boost for small businesses looking to grow and invest in machinery and eq

**Opportunity Alert: CGTMSE Scheme for MSEs** Dear all, Exciting news! The CGTMSE Scheme offers collateral-free loans up to *Rs. 2 crore* for micro and small enterprises (MSEs). Key features include: - No need for collateral or third-party guarante

🚀 Empowering India's Innovators: DPIIT's Enhanced Credit Guarantee Scheme In a significant move to bolster India's startup ecosystem, the Department for Promotion of Industry and Internal Trade (DPIIT) has announced pivotal enhancements to the Cred

𝗪𝗵𝗮𝘁'𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗻𝗶𝗼𝗻 𝗕𝘂𝗱𝗴𝗲𝘁 𝟮𝟬𝟮𝟱 𝗳𝗼𝗿 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀? The government aims to support 5.7 crore MSMEs with enhanced financial assistance and policy measures. Loan guarantees for micro-entrepreneurs will be expanded to ens

How many of these government schemes to support the startup ecosystem are you aware of? 1. Startup India Initiative (SII) [2016] - This scheme offers three years tax holiday and reduced regulatory burden along with access to a Fund of Funds worth ₹1

20 top government startup schemes in India for 2024: 1. Startup India Initiative 2. Startup India Seed Fund Scheme (SISFS) 3. Pradhan Mantri Mudra Yojana (PMMY) 4. Atal Innovation Mission (AIM) 5. Credit Guarantee Scheme for Startups (CGSS) 6. Multi

India Launches ₹1,000 Crore Fund for Space Startups🚀🌝 The Indian government has introduced a ₹1,000 crore funding scheme to boost innovation and private participation in the space sector. This initiative aims to support startups developing satelli

#RBI has now allowed to keep #silver as collateral for loans. Good for overall economy as the metals which are lying idle can create new credit. But should you pledge your #gold and #silver to take a loan? I wouldn't do so.