Production Linked Incentive (PLI) Schemes in India
As the name suggests, the Production Linked Incentive (PLI) Schemes in India is a scheme that provides incentives to businesses for improving their domestic production apart from concentrating on decreasing import charges and enhancing the price competitiveness of local goods. Also, these PLI schemes extend incentives on incremental deals for goods manufactured in India. The initial three Production Linked Incentive schemes got ratified in March of the previous year, followed by ten new schemes. Also, as per finance minister Nirmala Sitharaman, the Government is planning to invest INR 1.97 lakh crore in the Production-Linked Incentive (PLI) scheme for approximately 13
Read more10 Low-Investment Business Ideas for Small Towns
Although Tier 1 cities come first to our mind whenever we think of establishing a new business, small towns are no longer estranged from the changing times. They are bustling with activities and can be a great spot for your new venture. Small towns have attracted many entrepreneurs with less competition, heap labour, and fair land prices. Tempted by the benefits but worrying about investment? We have heard you and come up with the 10 best low investment ideas to be set up in small towns. Businesses, although small, have the potential of growing as India leans towards the privatization
Read more15 New Business Ideas for Beginners in India 2021-22
Operating a new business successfully can be challenging. However, with the growth of new initiatives and the availability of various facilities, running a business has become easier. Nevertheless, it is very important to have a unique business idea that makes your business stand out in the market and is noticeable by your targeted pool of customers. The government of India has launched various initiatives to promote entrepreneurship, including the Pradhan Mantri Rojgar Yojana (PMRY) and the Start-up India scheme. The following 15 new business ideas will help you grab the opportunities offered in today’s competitive world and beat the competition.
Read more7 Smart Tips to Run A Successful Plumbing Business in India
Plumbing is a fruitful and more demanding profession. Many plumber business ideas acquire corporate or commercial contracts and work exclusively with the business, depending on where the owner lives. By starting a plumbing business, one can be their boss and do a lot of flexible work. The plumbing business in India includes the following aspects: sanitary, water, gas, heating and cooling, metal roofing, industrial waste, drainage, building services, mechanical services, air conditioning, and fire services. You may need a business loan for plumbing. It can sound heavy and complicated to get a loan for any business, but it is simplified
Read more7 Tips to Run A Successful Grocery Store in India
Are you planning to start a new business but have no experience or any formal training? Do not worry! A grocery store is here to help you accomplish all your dreams. Setting up a grocery store does not require any training. All you need is your wit, honesty, compassion and an organized set-up. A grocery store has good earning potential. Even a small amount of shop loan is enough to start a business venture. Why grocery stores? Having a large consumer segment in India, setting up a grocery store is a good idea. A grocery store can function from anywhere
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