The National SC-ST Hub’s Special Credit Linked Capital Subsidy Scheme (SCLCSS) has witnessed a significant surge in claims submitted by SC-ST micro and small enterprises (MSEs) in FY23, with a remarkable 292% year-over-year increase. These claims totaled 577 and amounted to Rs. 69.66 crore (US$ 8.4 million) in subsidies granted. This surge contrasts with the previous year, FY22, during which only 147 claims were filed, leading to a subsidy disbursement of Rs. 19.24 crore (US$ 2.3 million). The SCLCSS scheme offers a 25% capital subsidy to SC/ST-owned MSEs to support the acquisition of machinery and equipment through institutional financing. This…
Author: Shradhanjali Mukherjee
Shradhanjali Mukherjee
Salina Shah
OpIndia accessed the FIR on August 4, 2023, detailing the brutal killing of Bajrang Dal activist Pradeep Kumar. Kumar’s death marked the third Hindu casualty in Islamist violence that shook Haryana on July 31, triggered by an attack on a Hindu procession in Nuh district. Pawan Kumar, a fellow Bajrang Dal activist accompanying Pradeep Kumar during the attack, filed the FIR. He identified Javed Ahmed as the primary accused. OpIndia’s report presented substantial evidence linking Javed Ahmed to the Aam Aadmi Party (AAP). Javed Ahmed, an AAP leader, reportedly led the Islamist mob responsible for Pradeep Kumar’s death during the…
Prime Minister Narendra Modi is all set to lay the foundation stone for the redevelopment of 508 railway stations across 27 states in India. This ambitious project comes with an investment of $3.3 billion and is scheduled for August 6th. The announcement was made through an official statement from the Prime Minister’s office. Understanding the extensive use of railways for transportation throughout the country, Prime Minister Modi has emphasized the importance of providing world-class facilities at these railway stations. With this objective in mind, the Amrit Bharat Station Scheme was launched to revamp a total of 1,309 stations across India.…
With an 11-year presence in the Hindi film industry, Sunny Leone candidly discussed the ups and downs of her career trajectory. While unsuccessful films were challenging, she regarded the 2016 interview as her lowest point. In 2016, a journalist’s persistent inquiries about her past led to Sunny’s interview becoming a contentious subject, widely criticized for being misogynistic, sexist, and deeply offensive. Having now surpassed a decade in the industry since her 2012 debut in ‘Jism 2,’ it’s inevitable that there have been both high and low moments. “The interview that didn’t go well was definitely a low point. The entire…
The Tamil Nadu government has clarified that Foxconn Corporation is indeed investing in the state. Reuters had previously reported a denial of investment by a Foxconn subsidiary. However, a senior government official confirmed the investment’s authenticity to Puthiya Thalaimurai. There are currently two Foxconn facilities in Tamil Nadu, and this new investment marks the third facility, according to an official from the Department of Industries. This has resulted in job creation and increased production within the existing facility. A recent Reuters report cited a subsidiary of Foxconn, stating that they hadn’t agreed to invest $213 million with the state. The…
The United States Presidential elections are becoming an Indian American affair, with tech entrepreneur Dr. Shiva Ayyadurai becoming the fourth candidate from the community to announce his independent bid for the country’s top post. Ayyadurai stated that he represents the American Dream and the potential for a Golden Age. He emphasized the importance of innovators, entrepreneurs, skilled workers, and those with common sense and reason in running the country, drawing inspiration from the diverse backgrounds of America’s founding figures. A 59-year-old MIT scholar, Ayyadurai gained attention for claiming to have “invented email” at the age of 14. He had also…
India has now become one of Apple’s top 5 global markets, according to a report by Counterpoint Research. In the second quarter of 2023, Apple maintained its dominance in the ultra-premium segment (US$ 548.52 or Rs. 45,000 and above) with a 59% share. The premium smartphone market in India saw significant growth, rising by 112% year on year from April to June, accounting for a record 17% of total shipments. Samsung retained its lead in the overall Indian smartphone market, holding an 18% share for the third consecutive quarter. In the luxury smartphone sector (US$ 365.68 or Rs. 30,000 and…
CEOs from prominent semiconductor companies like Foxconn, Micron, and AMD expressed their support for Prime Minister Narendra Modi’s statements during the SemiconIndia 2023 event in Gandhinagar. They showed optimism about investing in India’s semiconductor industry. The chairman of Foxconn, Young Liu, commended the Indian government’s determination and expressed confidence in its future. He drew parallels with Taiwan’s successful semiconductor industry, emphasizing the importance of trust and collaboration to overcome challenges. Liu pledged Taiwan’s commitment to being India’s reliable partner in the semiconductor sector. SEMI’s President and CEO, Ajit Minocha, highlighted the favorable alignment of geopolitics, domestic politics, and private sector…
India is poised to become a significant player in the global semiconductor supply chain over the next decade, thanks to the allocation of US$ 10 billion in incentives and support to promote domestic chip manufacturing. Union Minister of State for Electronics and Information Technology, Mr. Rajeev Chandrasekhar, expressed confidence in India’s progress in the semiconductor field, drawing parallels to China’s three-decade advancement. Various firms, including Vedanta and Taiwan’s Foxconn, have already been attracted by the production-linked incentive (PLI) scheme, pledging multi-billion-dollar investments to establish chip manufacturing units for products like mobile phones and cars. Mr. Rajeev Chandrasekhar highlighted the partnership…
The makers of Gadar 2 have recently unveiled the official trailer, showcasing it as a thrilling action-packed film where Sunny Deol, portraying Tara Singh, takes on the Pakistani Army to rescue his son. The sequel, ‘Gadar 2,’ follows the romantic partition-era love story of ‘Gadar: Ek Prem Katha,’ which was a huge hit at the box office during its initial release. Before the storm of Gadar 2 hits, ‘Gadar: Ek Prem Katha’ is re-released on June 9, 2023. Continuing the tale of Tara Singh and his family, Gadar 2 sees Tara fighting for his son after successfully bringing back his…
