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Opportunity India Desk Jan 05 2024 - 3 min readGoa has become the first state to start operations for 10 skill training centers under the PM Vishwakarma scheme. Union Minister of State for Skill Development and Entrepreneurship, Rajeev Chandrasekhar, along with Goa Chief Minister Pramod Sawant, inaugurated these centers at a ceremony organized by the Directorate of Skill Development and Entrepreneurship.
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Opportunity India Desk Jan 04 2024 - 2 min readThe Gujarat government has announced the signing of a total of 234 Memorandums of Understanding (MoUs) ahead of its 10th edition of Vibrant Gujarat Global Summit. Of these, 58 were inked on Wednesday, projecting cumulative investments exceeding INR 10.31 lakh crore across various sectors and the potential to generate around 13 lakh employment ...
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Opportunity India Desk Jan 03 2024 - 2 min readScheduled Commercial Banks (SCBs) directed INR 23.36 lakh crore towards Priority Sector Lending in micro, small, and medium enterprises in November 2023, marking a 21.9 per cent surge from INR 19.16 lakh crore deployed in the same month the previous year, according to the data on sectoral credit deployment released by the Reserve ...
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Opportunity India Desk Jan 03 2024 - 3 min readIn anticipation of the fiscal year 2024-25 Union Budget, the PHD Chamber of Commerce and Industry (PHDCCI) has submitted an economic memorandum to Union Finance Minister Nirmala Sitharaman. Drawing insights from surveys, analyses, and inputs from PHDCCI members nationwide, the memorandum addresses the global economic landscape characterized by geopolitical uncertainties, high ...
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Opportunity India Desk Jan 02 2024 - 2 min readNon-banking financial companies (NBFCs) have experienced major growth in loans extended to micro, small, and medium enterprises, surpassing that of traditional banks by over three times, according to a report released by the Reserve Bank of India (RBI). The central bank's latest assessment of the banking sector's performance for the fiscal years 2022-23 ...