Tag Archives: entrepreneurship

Background: The Pradhan Mantri MUDRA Yojana (PMMY) was launched in 2015 to promote entrepreneurship by providing collateral-free micro-loans up to ₹10 lakh. Recent Changes: The Union Budget 2024 increased the loan ceiling to ₹20 lakh, specifically benefiting those under the Tarun category who had previously accessed MUDRA loans. Impact: The …

Introduction: The GREAT Scheme is an initiative by the Ministry of Textiles, Government of India. It aims to boost innovation and entrepreneurship in the technical textiles sector. Objectives: Promote research and development: GREAT encourages scientists, technologists, and startups to translate their ideas into commercially viable products and technologies for technical …