Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY)
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...
Deen Dayal Upadhyaya Antyodaya Yojana (DAY)
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...
Credit Guarantee Scheme For Startups
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...
Credit Guarantee Scheme for MSE (CGSMSE)
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...
Central Know Your Customer (CKYC)
With the growing fraudulence in the financial sector, and to trace any suspicious behaviour it has become very important to keep proper records of customer. CKYC norms were introduced to curb the illegal activity that ruins the financial sector. This...
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Children’s Mutual Fund vs SSY
The children’s future is of utmost importance for every parent. They start planning and investing for their children’s higher education, marriage, etc. There are multiple schemes through which parents can invest and align their financial goals. Also, there are children...
Canara Bank RD Interest Rates 2024
About Canara Bank Recurring Deposit Canara Bank RDs are investments that allow investors to save small amounts regularly. They have a tenure of 6 months to 10 years, and the interest rates vary with the tenure. This article covers Canara...
Canara Bank PPF
Public Provident Fund (PPF) is the government of India initiative to encourage small savings. The PPF Interest Rate is 7.1% and is announced by the government every quarter. The tenure of PPF is 15 years. Additionally, the scheme also offers...
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