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The Central Board of Indirect Taxes and Customs (CBIC) on Friday conducted a hybrid outreach programme in the national capital to familiarise stakeholders with the Duty Deferment Scheme for Eligible Manufacturer Importers (EMI), a key trade facilitation measure announced in the Union Budget 2026-27.The session, organised in New Delhi, brought together senior officials and industry…
Imagine boarding a flight from a small city airport that barely existed a few years ago, that’s the kind of connectivity India is now aiming to expand. The Centre has given the green signal to UDAN 2.0, a revamped version of the Ude Desh ka Aam Nagrik scheme, with an outlay of over Rs 28,000…
NEW DELHI: Seeking to harness cutting-edge technology to offer foreign visitors a smoother visa and immigration experience, while also strengthening national security, the Union cabinet Wednesday approved continuation of the immigration, visa, foreigners registration and tracking (IVF-RT) scheme for a further five years until March 2031, with a Rs 1,800 crore outlay.Sources in the govt…
The Union Cabinet has approved continuation of the Immigration, Visa, Foreigners Registration and Tracking (IVFRT) scheme for another five years from April 1, 2026, with a budget outlay of Rs 1,800 crore, in a move aimed at strengthening border management and improving services for legitimate foreign travellers, the government said.The extension — not a fresh…
The government has approved a limited-period Rs 20,000-crore credit guarantee scheme aimed at easing fund flow constraints faced by microfinance institutions (MFIs), according to a PTI report.The Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) will cover loans disbursed by member lending institutions (MLIs), including banks and other lenders, to non-banking finance company-MFIs and MFIs till…
The Centre on Thursday launched the RELIEF (Resilience & Logistics Intervention for Export Facilitation) scheme with an outlay of Rs 497 crore to support Indian exporters facing disruptions due to the ongoing conflict in the Middle East, as the government moved to cushion the impact of rising freight costs, insurance premiums and shipping delays.The scheme…
The Union Cabinet has approved the Bharat Audyogik Vikas Yojana (BHAVYA), a Rs 33,660 crore central sector scheme to develop 100 investment-ready plug-and-play industrial parks across the country, in a move aimed at accelerating manufacturing growth and employment generation.The scheme will be implemented over a six-year period from FY 2026-27 to FY 2031-32, with industrial…
Panaji: The State govt told the Bombay high court on Monday that the rent-a-cab scheme was kept on hold as there were too many of them.Advocate general Devidas Pangam told the high court during a hearing that the govt realised there were too many people in the competition, and this created unhealthy competition.He said this…
NEW DELHI: The govt’s ambitious scheme aimed at reducing chemical fertiliser consumption, PM-PRANAM, has remained a ‘non-starter’ as the Centre has not been able to released a single Rupee as incentive to any state even after two-and-half years of its launch, as per a report of a parliamentary committee.PM-PRANAM was approved in June 2023 for…
The growth in local production, especially in smartphones, was supported by the government’s PLI scheme. (AI image) The Indian government is reportedly preparing a major overhaul of its flagship smartphone manufacturing incentive programme. The ‘revamped’ flagship Production-Linked Incentive (PLI) scheme for smartphones will tie government subsidies to exports and the use of locally produced components…
