interest subsidy

PM-Vidyalaxmi scheme: Centre to offer collateral-free, guarantor-free education loans to students; check eligibility, application process

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PM-Vidyalaxmi scheme: Centre to offer collateral-free, guarantor-free education loans to students; check eligibility, application process

The PM-Vidyalaxmi scheme has been approved by the Union Cabinet to provide financial assistance to talented students pursuing higher education in public and private institutions. The initiative, announced on Wednesday, aims to offer education loans without the need for collateral or guarantors to students admitted to the top 860 Quality Higher Education Institutions (QHEIs) in … Read more

Pradhan Mantri Awas Yojana (PMAY)-Urban 2.0 Scheme: Eligibility to apply, beneficiaries, interest subsidy for homebuyers

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Pradhan Mantri Awas Yojana (PMAY)-Urban 2.0 Scheme: Eligibility to apply, beneficiaries, interest subsidy for homebuyers

Urban housing: The Union Cabinet has recently approved the Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 scheme, under which one crore homes in urban areas will be constructed between 2024-25 and 2028-29. The Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) is a government initiative aimed at providing financial assistance to middle-class and urban impoverished families. … Read more

Why affordable housing may become a challenge for developers despite the government push

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Why affordable housing may become a challenge for developers despite the government push

Prime Minister Narendra Modi approved government assistance for the construction of three crore rural and urban houses under Pradhan Mantri Awas Yojana (PMAY) during the maiden Cabinet meeting of his third term last week. However, affordable housing in urban and metro cities has taken a back seat recently, with a shift in focus towards the … Read more

Covid-19 impact: Assocham seeks wage support, interest subsidy to help industry

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Covid-19 impact: Assocham seeks wage support, interest subsidy to help industry

Industry chamber Assocham on Wednesday recommended the government to extend relief measures such as regulatory easing, wage support, and interest subsidy for the MSMEs which are reeling under the severe impact of COVID 19. As the states are in the process of easing lockdowns, the trade and industry would need all-around support to pick up … Read more