Page-5 of Startups
Start-ups come under Priority sector as per new lending norms
The Reserve Bank of India has brought the startups in the country under the purview of priority sector guidelines (PSL), a move that will make it easier for startups to raise funding from the banking sector. As of now, the ..
Month: Current Affairs - August, 2020
BSE and IIT Alumni sign pact: To encourage startups listing
On July 13, 2020, the Bombay Stock Exchange (BSE) and IIT Alumni Council signed a pact to encourage listing of startups. The pact will help to develop high investor depth platform for startup companies. The platform is to be developed ..
Month: Current Affairs - July, 2020
Union Cabinet approved Agricultural Infrastructure Fund of Rs 1 lakh crores
On July 8, 2020, the union cabinet chaired by PM Modi approved a new Central Sector Scheme-Agricultural Infrastructure Fund of Rs 1 lakh crore. Highlights The scheme is to provide long tern and medium term debt financing facility to invest ..
Month: Current Affairs - July, 2020
Official Logo launched to celebrate Golden Jubilee Commemoration Year of DST
The Secretary of Department of Science and Technology launched the official logo to celebrate the Golden Jubilee Commemoration Year of DST. Highlights The DST was established in May 3, 1971. The department is observing a Golden Jubilee Commemoration year between ..
Month: Current Affairs - June, 2020
Atal Innovation Mission: To promote Entrepreneurship
On June 5, 2020, the Council of Scientific and Industrial Research (CSIR) and Atal Innovation Mission came together to promote culture of innovation and entrepreneurship in areas of mutual interest. Highlights The CSIR incubators will work under Atal Innovative Mission ..
Month: Current Affairs - June, 2020
CAWACH: Established by GoI to support startups working on COVID-19
The Department of Science and Technology has set up a Centre for Augmenting WAR with COVID-19 Health crisis. The centre is to be established at Rs 56 crores. Highlights The CAWACH is being established by the DST to support the ..