Business Terminology

mudra_tpci
PMMY: A success story in itself

Pradhan Mantri Mudra Yojana (PMMY), the Flagship Programme of the Prime Minister launched in 2015 aims to offer loans up to 10 lakh rupees to non-corporate and non-farm small and micro enterprises. Th...

PLI for solar PVs: A new dawn for a sunrise sector?

On 21st September 2022, the Cabinet, chaired by Prime Minister Narendra Modi, approved an INR 19,500 crore PLI scheme  on ‘National programme on High Efficiency Solar PV Modules’ to build an ecos...

crypto market
Decoding the crypto market

Cryptocurrency is a decentralized virtual currency that is based on blockchain technology. There are various advantages of using cryptocurrencies and with time, the efficiency of crypto market is like...

International trade settlement in Rupees

To enhance India’s global trade, and in the interest of the global trading community, international trade settlement of export/import could be paid in Indian Rupees (INR). However, AD banks would re...

Conformity Assessment Scheme: A respite for Indian dairy industry?

On 23rd December 2021, PM Modi launched a unified logo and portal dedicated to the Conformity Assessment Scheme in Varanasi. Prior to this, the National Dairy Development Board (NDDB) and Bureau of In...

Organic certification
National Programme for Organic Production (NPOP)

National Programme for Organic Production (NPOP) offers information on systems, criteria and procedure for accreditation of inspection and certification bodies, the national organic logo....

Gati_Shakti_Scheme_TPCI
Gati Shakti Scheme: A boost to infrastructure development

The government’s strong push to infrastructure through the Gati Shakti scheme provides a positive impetus for much-needed post-pandemic economic growth. States have a crucial role in the success of...

RoDTED_TPCI
Remission of Duties and Taxes on Exported Products (RoDTEP Scheme)

On 17th August 2021, the government released the guidelines and refund rates that would be followed under the RoDTEP scheme for 8,555 tariff lines. On agricultural goods which account for 13.6% of Ind...

TPCI_PLI
Production Linked Incentives scheme

The Production Linked Incentives (PLI) scheme aspires to invite foreign investors to establish their manufacturing units in India and encourage the local manufacturers to expand their units and genera...

Export Promotion Capital Goods Scheme TPCI.
Export Promotion Capital Goods Scheme

EPCG scheme aims to facilitate the import of capital goods with the purpose to produce good quality merchandise and service and improve India’s competitiveness in manufacturing. For this purpose, th...

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