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The Government of India has social welfare and social security schemes for India's citizens funded either by the central government, state government or concurrently. Schemes that the central government fully funds are referred to as "central sector schemes" (CS).
ITEC was an important part of India's attempt to contributing to South-South cooperation. India's aid for its neighbours began in the 1950s through assistance to Nepal. However, until the 1990s, India was also the world largest recipient of aid, receiving a cumulative sum of US$ 55 billion since its independence in 1947. The ITEC programme has ...
Centrally Sponsored Schemes (CSS) are schemes that are implemented by state governments of India but are largely funded by the central government with a defined state government share. Examples of such schemes include the Mahatma Gandhi National Rural Employment Guarantee Act and the Pradhan Mantri Gram Sadak Yojana .
The State Bank of India, which opened its representative office in Luanda in April 2005, also extended concessional lines of credit of US$15.8 million for supply of tractors and import of capital equipment from India. The Government of India extended a $30 million aid to set up an industrial park and a $15 million aid to establish a cotton ...
India's line of credit to Africa is close to $9 billion, with projects taking up $7.4 billion. India sent a grant of $100 million to UN to fight Ebola and another $20 million bilaterally to Guinea to tackle the disease. [3] India was the first Asian country to become a member of the Africa Capacity Building Foundation (ACBF). [12] Between 2002 ...
In Feb 2021, India Africa Trade Council established the India Tunisia Business Council. [16] [17] [18] Namibia. Namibia Trade office was opened in Chennai under the India Namibia Trade Forum with support from the IATC. The office was inaugurated by Gabriel Sinimbo the high commissioner of Namibia in India and the president of the IATC Dr. Asif ...
Stand-Up India was launched by the Government of India on 5 April 2016 to support entrepreneurship among women and SC & ST communities. Stand Up India Loan Scheme is a government initiative launched by the Government of India in 2016 to promote entrepreneurship and facilitate bank loans to Scheduled Caste (SC) / Scheduled Tribe (ST) and women entrepreneurs in the country.
Further, the Government of India designated IFCI as a nodal agency for the “Scheme of Credit Enhancement Guarantee for Scheduled Caste (SC) Entrepreneurs” in March 2015, with the objective of encouraging entrepreneurship in the lower strata of society. Under the scheme, IFCI would provide guarantees to banks against loans to young and start ...