Introduction When we talk about Micro and Small Enterprises (MSEs), their biggest strength — and also their weakness — lies in their scale. Individually, these enterprises often struggle with technology, raw material procurement, quality testing, and marketing. But collectively, when they work in a cluster, they can share facilities, reduce costs, and face competition more…
Introduction India has a long tradition of artisans and craftspeople — blacksmiths, carpenters, goldsmiths, potters, cobblers, barbers, weavers, etc. These skilled workers, known as Vishwakarmas, have historically formed the backbone of rural and urban livelihoods. But with modernization, many of them got pushed into the informal sector, facing issues like: To empower these artisans, the…
Introduction For any business to grow, especially Micro and Small Enterprises (MSEs), finance is the oxygen. But often these small entrepreneurs face the biggest hurdle: banks ask for collateral (property, land, assets) or third-party guarantees before sanctioning loans. Many first-generation or underprivileged entrepreneurs don’t have such security to offer. To solve this, the government launched…
Introduction Whenever we talk about the backbone of India’s economy, one sector stands out — the Micro, Small, and Medium Enterprises (MSMEs). They provide employment, support exports, and contribute significantly to GDP. Yet, MSMEs often face challenges like outdated technology, difficulty in accessing finance, and the chronic problem of delayed payments. To address these gaps,…
National Electric Mobility Mission Plan (NEMMP) 2020 Background Aim Target Nature of the Plan 👉 In short, NEMMP 2020 is the foundation stone of India’s EV policy ecosystem. Smart Advanced Manufacturing and Rapid Transformation Hub (SAMARTH) Udyog Bharat 4.0 Background Aim Parent Scheme Strategy Features of Projects 👉 SAMARTH is about preparing Indian industry for…
Background and Context This is part of the larger push towards Atmanirbhar Bharat, energy security, and clean mobility. Quick Facts Objectives Salient Features (A) About Advanced Chemistry Cells (ACCs) (B) Targets (C) Incentives (D) Flexibility – Technology Agnostic (E) Exclusion (F) Complementary Nature Why is this Important? ✅ In summary: The PLI Scheme for ACC…
Background and Context Quick Facts Objectives Incentive Structure Two Key Components (A) Champion OEM Incentive Scheme (B) Component Champion Incentive Scheme Eligibility Criteria For Auto OEMs For Auto Component Manufacturers 👉 Both existing and new manufacturing companies are eligible if they meet these criteria. Relation with FAME-II Project Management Conditions for Incentive ✅ Why is…
Background and Context Quick Facts Objectives Salient Features (A) Components of the Scheme (B) Demand Incentives (C) Sustainability and Safety (D) Subsumed Scheme Eligible Categories Why is PM E-DRIVE Important? ✅ In summary: The PM E-DRIVE Scheme is India’s flagship EV push for 2024–26. It combines subsidies for buyers, grants for infra and buses, support…
SHAKTI Policy (Scheme for Harnessing and Allocating Koyala Transparently in India) UTTAM App (Unlocking Transparency by Third Party Assessment of Mined Coal) Coal Mine Surveillance and Management System (CMSMS) Khan Prahari App PRAKASH Portal (Power Rail Koyla Availability through Supply Harmony) Exploration of Coal and Lignite Scheme
Promotion of Bulk Drug Parks 👉 Significance: Creates a robust ecosystem for bulk drug (API) manufacturing, reducing import dependence (especially on China). Promotion of Medical Device Parks 👉 Significance: Reduces reliance on imported medical devices and makes India a hub for affordable, quality equipment. Urea Subsidy 👉 Significance: Keeps fertilizer affordable for farmers but also…
