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Centre gives nod to Rs 4500 cr PLI scheme for Solar PV modules
The scheme aims to create additional 10,000 MW capacity of integrated solar PV manufacturing plants. It is expected to drive direct investment of around Rs 17,200 crore in solar PV manufacturing.Read more
BTL EPC bags BHEL’s Rs 170 cr order for coal handling plant in West Bengal
For the project, Shrachi Group’s BTL EPC Ltd has already tied up with Swedish company Rexroth for hydraulic motor and L&T for ring granulator and roller screenRead more
Government extends Credit Guarantee Scheme for Subordinate Debt till Sept 30
This move is aimed at keeping avenues of assistance open to the stressed MSME units. Read more
Emergency Credit Line Guarantee Scheme extended upto June 30
With this extension government has launched new window ECLGS 3.0 for enterprises in hospitality, travel & tourism, leisure & sporting sectors.Read more
A women-led startup develops Giga Mesh for low-cost internet connectivity
The wireless product called Giga Mesh could enable telecom operators deploy quality, high-speed rural telecom infrastructure at 5 times lower cost. Read more
Flender & Schaeffler develops eco-friendly packing system for large bearings
They have jointly developed ‘SMART Box’ (Schaeffler Modular Adaptable Returnable Transport Box) that replaces previous disposable transport boxes and is currently used for bearings with an outer diameter of 350 to 750 mm. Read more
More than 5.5L companies benefit with extension of CFSS and LSS schemes
These schemes provided opportunity to companies to make good of any filing related defaults, regardless of duration of defaults, and make a fresh start as a fully compliant company.Read more
Scrappage Policy proposes setting up of PPP-based registered scrapping centres
The Scrappage Policy announcement is in-line with the government vision to make scrap recycling an organised sector. Ministry of Mines has recently issued National Non-Ferrous Metal Scrap Recycling Framework, 2020 covering key non-ferrous metals like Aluminium, Copper, Zinc and Lead. The framework has been released with an objective to promote formal and well-organised recycling ecosystem, quite similar to the Scrappage Policy.Read more
Knowhow: Social Security Schemes for organised and unorganised sector
Government has played its part on building policy to support organised and unorganised workforce through its social security schemes. While much of the workforce is engaged in unorganised establishments, here are some schemes that will benefit unorganised as well as organised workforce.Read more