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₹ 477.25 crore sanctioned to 133 incubators under the Startup India Seed Fund Scheme (SISFS)

3Feb By cuckoosNo Comments

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₹ 477.25 crore sanctioned to 133 incubators under the Startup India Seed Fund Scheme (SISFS)

New Delhi : The Start-Up India Fund Scheme was implemented from 1st April 2021 under the Start-Up India initiative. Rs.477.25 crore has been allocated for 133 occupational health centers under this scheme. Union Minister of State for Commerce and Industry Mr. Somprakash has said that Rs.211.63 crore has been released on December 31, 2022. The ﬂagship schemes under Startup India initiative namely, Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS) and Credit Guarantee Scheme for Startups (CGSS) extend support to startups at various stages of their business cycle. The startups thereafter, are able to raise investments from angel investors or venture capitalists or seek loans from commercial banks or ﬁnancial institutions. The Startup India Seed Fund Scheme (SISFS)...

Automatic vehicle exports reports a growth of 35.9% from 2020-21 to 2021-22

New Delhi : Exports of automatic vehicles have increased and 41,34,047 vehicles were exported in the year 2020-21, registering a growth of 35.9 percent to 56,17,246 vehicles in the year 2021-22. 4,04,397 cars and all other passenger transport vehicles were exported in 2020-21, a growth of 42.9% to 5,77,875 passenger vehicles in 2021-22. 50,334 vehicles used for commercial purposes were exported in 2020-21, an increase of 83.36% to 92,297 commercial vehicles in 2021-22. Union Minister of State for Commerce and Industry Anupriya Patel gave this information while replying to a question in Parliament. Exports of all vehicles including vehicles used for passenger transport as well as commercial purposes from India in the last two years are as follows: Export Data of all Vehicles in Ind...

India-led G20’s first Energy Transition Working Group Meeting in Bengaluru

Bengaluru : The first meeting of the G20 Energy Transition Task Force, led by India, will be held in Bengaluru from February 5 to 7. About 150 people from G20 member countries and 9 specially invited countries namely Bangladesh, Egypt, Mauritius, Netherlands, Nigeria, Oman, Singapore, United Arab Emirates and Spain will participate in it. Apart from this, the working group also includes international organizations including World Bank, Asian Development Bank, United Nations Development Programme, International Energy Agency, United Nations Environment Programme, International Solar Energy Federation, United Nations Agency for International Development, United Nations Economic and Social Commission for Asia and the Pacific. Participate in the meeting. Senior government officials from con...