Question
What is the maximum loan limit under PMEGP for
manufacturing businesses?Solution
The maximum cost of the project/unit admissible in manufacturing sector is ₹ 50 lakh and in the business/service sector, it is ₹ 20 lakh. PMEGP is a major credit-linked subsidy programme aimed at generating self-employment opportunities through establishment of micro-enterprises in the non-farm sector. The scheme is implemented by Khadi and Village Industries Commission (KVIC) functioning as the nodal agency at the national level. At the state level, the scheme is implemented through State KVIC Directorates, State Khadi and Village Industries Boards (KVIBs), District Industries Centres (DICs) and banks.
Which category of Non-Resident retail investors are eligible to invest in Government Securities through the RBI Retail Direct Scheme?
Calculate the Total Assets to Debt Ratio given the following information:
Non-current Assets: ₹40,00,000
Current Assets: ₹40,00,000
The Primary (Urban) Co-operative Banks are required to classify an asset as NPA if the interest and /or instalment of principal remain overdue for a per...
Which of the following is considered a "financial asset" under the SARFAESI Act?
What is the growth forecast for India's GDP in FY25 according to S&P Global Ratings?
How often should the interest rate under the external benchmark be reset?
What is the minimum Net Owned Fund required for a Asset Reconstruction Company?
Which of the following is the governing body for regulating and overseeing SARFAESI Act implementation?
What is the name of the index that measures the performance of small-cap companies in the Indian stock market?
As per the Finance Act 2023, what is the key stipulation introduced in Section 43B(h) of the Income Tax Act regarding payments to MSMEs?
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