Bonds are debt instruments in which the investor loans money to an entity. The entity borrows money at a fixed interest rate for a specific time duration. Such an entity can be government, banks or corporates. Hence, when the government...

The objective of Employee Provident Fund (EPF) and Employees Pension Scheme (EPS) is to help individuals save the money for their retirement. The schemes are framed under the  Employee’s Provident Fund & Miscellaneous Provision Act, 1952 and administered by the...

What is EPF Form 10C? Under the EPF scheme, you (the employee) and your employer have to contribute to the Employee Provident Fund during your service period. When you leave the job, you might want to carry forward your EPF...

What is the ECLGS scheme? The ECLGS scheme provides member lending institutions with a 100 percent guarantee in respect of eligible credit facilities extended to their borrowers whose total credit outstanding (fund based only) across all lending institutions and days...

Over 69 percent of the country's youth population, or 180 million people between the ages of 18 and 34, live in rural areas. About 55 million of these are bottom-of-the-pyramid kids from poor homes with little or minimal jobs. Deen...

With poverty and unemployment still at alarming levels in India, the government of India, in collaboration with the Ministry of Rural Development, launched the Deen Dayal Upadhyaya Antyodaya Yojana in an attempt to make Indian citizens self-sufficient by providing them...

The Government of India recently gave the start-up sector a much-needed boost by introducing the Credit Guarantee Scheme for Startups. The scheme is part of the Startup India action plan. It would allow firms to borrow money without putting up...

The Government of India (GoI) established the Credit Guarantee Scheme for MSE Micro and Small Enterprises (CGS). The aim is to provide collateral-free credit to the micro and small business sector. Existing and new businesses are also eligible for coverage...