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Indian foreign aid is the aid given by the Indian government to other governments. India's major quantum of foreign aid is given to neighbouring countries. According to India's budget in 2021–22, its direct overseas aid stood at ₹ 18,154 crore (US$2.1 billion). [1]
Small Industries Development Bank of India (SIDBI) is the apex regulatory body for overall licensing and regulation of micro, small and medium enterprise finance companies in India. It is under the jurisdiction of Ministry of Finance , Government of India headquartered at Lucknow and having its offices all over the country.
The Government of India has amended FDI policy to increase FDI inflow. In 2014, the government increased foreign investment upper limit from 26% to 49% in insurance sector. It also launched Make in India initiative in September 2014 under which FDI policy for 25 sectors was liberalised further.
India's major quantum of foreign aid is given to neighbouring countries. According to India's budget in 2021-22, its direct overseas aid stood at ₹18,154 crore (US$2.4 billion). In the 2024 budget, the Indian government reduced its overall allocation for aid to foreign countries by 10%.
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).
In 2009, CIIE.CO launched iAccelerator, which was the first accelerator program in India for startups offering mentorships, market connections and access to capital. [14] [15] iAccelerator program provides three-month residential mentorship and guidance to the batch of selected startups. During the three-month stay, these startups get ...
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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.