India, FAO to Develop Blue Port Infrastructure
The Department of Fisheries (DoF), under the Ministry of Fisheries, Animal Husbandry and Dairying, has entered into a technical cooperation programme (TCP) agreement with the Food and Agriculture Organization (FAO) of the United Nations to develop modern Blue Port infrastructure in India.As part of the Blue Ports framework, the government will combine advanced technology with sustainable practices. Three fishing harbours—Vanakbara in Diu, Karaikal in Puducherry, and Jakhau in Gujarat—have been cleared for development with a combined investment of Rs 3.7 billion.The model will incorporate d..
Godrej Finance, Muthoot Join Hands To Boost MSME Lending
Godrej Finance Limited (GFL) has entered a co-lending partnership with Muthoot FinCorp to improve credit access for micro, small and medium enterprises (MSMEs) in Tier-2 and Tier-3 cities. The collaboration leverages Muthoot FinCorp’s wide market presence to deliver much-needed financial support to growing businesses.The agreement focuses on providing loans against property (LAP) ranging from Rs 1 million to Rs 7.5 million, with an average ticket size of Rs 1.5 million. The product will serve MSMEs across pan-India markets where timely and accessible credit is in demand. The partnership will..
Kerala Drives Growth With Tourism, IT, MSMEs And Green Energy
Kerala is accelerating growth with strong strides in tourism, information technology, micro, small and medium enterprises (MSMEs), and green energy, reaffirming its path towards a progressive and knowledge-driven economy, according to a study by the MSME Export Promotion Council.Releasing the report on Investment, Growth & Development between 2021-22 to 2024-25 in Progressive Kerala, Council chairman Dr D. S. Rawat said that during the period, Kerala attracted new investment projects worth Rs 709 billion.Projects worth Rs 237 billion were completed, Rs 108 billion worth revived, while proj..
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