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India Doubles Credit Guarantee for Startups, Slashes Fees for Key Sectors

मई 9, 2025मई 26, 2025 by educatekaroin News, Business, StartupLeave a Comment

India’s DPIIT has revamped its Credit Guarantee Scheme for Startups, doubling the credit limit from ₹10 crore to ₹20 crore and offering up to 85% guarantee coverage for smaller loans. Startups in 27 priority sectors will also benefit from reduced fees.

DPIIT and Apna Partner to Boost Startup Employment

जनवरी 22, 2025जनवरी 22, 2025 by educatekaroin News, India, TechLeave a Comment

The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with Apna to provide ₹2,000 hiring credits to 700,000 startups on the Bhaskar platform, aiming to enhance job creation for India’s youth. This initiative, currently worth ₹140 crore, could grow to ₹300 crore. The collaboration will align job postings with industry needs, using Apna’s AI tools to connect startups with skilled workers, fostering growth and innovation.