Saving Schemes Articles

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ECLGS Scheme

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...

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Stand Up India Scheme

What is the Stand Up India scheme? The Stand Up India scheme is founded on a realisation of the difficulties faced by SC, ST, and women entrepreneurs in establishing businesses, acquiring loans, and other forms of assistance that may be...

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Pradhan Mantri Kaushal Kendra (PMKK)

Under MSDE, the National Skill Development Corporation (NSDC) is a one-of-a-kind Public-Private-Partnership (PPP) model in India. The National Skills Development Corporation (NSDC) strives to encourage skill development by assisting in the establishment of large, high-quality, for-profit vocational institutions. Every district...

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Pradhan Mantri Yuva Yojana (PMYY)

What is Pradhan Mantri Yuva Yojana? The Pradhan Mantri Yuva Yojana Scheme is the Ministry of Skill Development and Entrepreneurship's flagship program. Through entrepreneurship education, training, capacity building, mentorship, and handholding, PMYY aims to create jobs. Apprenticeships in certain trades...

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Mudra Loan

What is the Pradhan Mantri Mudra Yojana (PMMY)? Pradhan Mantri Mudra Yojana (PMMY) is a scheme launched by the Hon’ble Prime Minister on April 8, 2015. The aim is to provide loans upto 10 lakh to the non-corporate, non-farm small...

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Post Office Tax Saving Schemes

Post Office Tax Saving Schemes are good investment options that offer guaranteed income. Moreover, investments in these schemes qualify for tax exemption under Section 80C of the Income Tax Act, 1961. Since the Government of India backs the schemes, the...

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National Saving Scheme

National Saving Scheme in India The national saving scheme in India is a scheme regulated by the Ministry of Finance and operated and managed by the Department of Post, India. The national saving scheme is safer than other investment options...

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Startup India Scheme

In India, startups are getting increasingly popular. The Government of India, led by Prime Minister Narendra Modi, has launched and pushed the Startup India Scheme to recognize and promote businesses in order to improve the Indian economy and recruit creative...