Total budget allocation for 20232-24 is INR 45 trillion, or USD549.14 billion, which is 7.5 per cent more than the previous budget of INR 41.84 trillion.
The department of school education and literacy has been allocated INR 68,804.85 crore, while the Higher Education Department has been allocated INR 44,094.62 crore.
The budget speech was focused on education sector and proposed to recruit 38,000 teachers and support staff for the 740 model Eklavya Model Residential Schools.
Finance minister, presenting the economic survey, said India is third-largest economy in the world in PPP (purchasing power parity) terms and 5th largest in terms of exchange rate. She added that Economy has nearly recouped what was lost, renewed what had paused; re-energised what had slowed during the pandemic.
In June 2022, Prime Minister flagged of a INR 6,062 crore, World Bank-assisted programme on “Raising and Accelerating MSME Performance”; INR 3,750 crore would be a loan from the World Bank and the remaining would be funded by the central government.
The survey reported that Indian economy has also started benefiting from the efficiency gains resulting from greater formalisation, higher financial inclusion, and economic opportunities created by digital technology-based economic reforms.
The MSP has been increased with a margin of at least 50 per cent over the all-India weighted average cost of production since the agricultural year 2018-19.
The Government Health Expenditure in Total Health Expenditure has also increased over time, standing at 40.6 per cent in FY19, substantially higher than 28.6 per cent in FY14.
Over 14,500 schools to be developed as exemplary schools under PM SHRI, more than 20 lakh students to benefit under the Centrally Sponsored Scheme (CSS) called PM Schools for Rising India (PM SHRI).
It will encourage collaboration between people, industries and societies for widening the horizons of knowledge and using it for the good of humankind.
Sugmya Finance is a tech-enabled and cashless model-led financing company that provides micro loans to entrepreneurs to boost their business backed by a robust client selection mechanism and a special emphasis on overall inclusive growth.
Hydrogen powered vehicles would be a good alternative for electric vehicles due to less refuelling time (charging time) along with the increased range and power.
Many reasons can be attributed to a franchise failure. Besides the obvious reasons like franchisor-franchisee tiffs or lack of proper store maintenance, there are certain hidden costs that affect the brand totally and may result in the total collapse of a
Sameer Lamba, the third generation Hospitality entrepreneur of the Kwality Group (pioneers in North Indian Cuisine restaurants, outdoor catering and organized ice cream manufacturing in India), has brought in two American restaurant brands IHOP and Potbelly to India. Read on...
Today, franchisors are opting integrated marketing approach to maintain consistent image of their brands. The strategy is best suited to have a strong network of franchisees through both online and offline marketing channels. Read on know the benefits of
As the education system in India is going through a metamorphosis with the shift of education pattern that focuses on quality knowledge and practical application of that knowledge, schools are looking forward to co-opt with the concept of ‘After-school activities center’.
As the franchise industry presents its wish list in terms of regulatory and monetary policy reforms, here is an in-depth analysis of the industry expectations from the union budget 2010-11.
With the approaching festival of lights, the festive fervour has begun across the length and breadth of the country. This Indian festival has traditionally boosted the demand of jewellery, particularly at the time of DHANTERAS. The organised stores as wel
Recently, the Power Ministry stated that they will be looking to implement electricity distribution franchise model for helping the distribution company of the country.
Franchising is presumed to be a sure short method of success in business with franchisor giving all kind of initial support and hand holding. Still it cannot ensure success unless the franchisee has the right attitude for it. The article talks about the d
Ahmedabad-based drug firm Torrent Pharmaceuticals has announced to acquire dermalogical products manufacturing company Zyg Pharma, part of Encore group, for an undisclosed amount.
Advertising and promotional strategies form the backbone of any new product, venture or project. Franchising is not aloof of its impact. Brand Licensing is one such strategy along with character licensing. Dwell deeper into the strategy for better underst
Territory plays a significant role in making a business successful for the franchisee. Any issue arising out of territorial disputes between the franchisors and the franchisees is a cause of concern. Resolving these issues at the initial stage is the best
South African cricket legend Jacques Kallis, who is also the brand ambassador of Advanced Hair Studio (AHS), has launched a breakthrough innovation in Strand-by-Strand cosmetic hair replacement procedure named AIR LACE in Mumbai.
Ever changing lifestyle of the youth and never ending demands of kids today have opened the doors for the retailers to explore retail opportunity in the vicinity of schools, colleges or universities. Franchising is further providing an inroad to these new
People seek beauty. They are constantly looking to improve what they have or give themselves a whole new look. It is no wonder that hair and salon business remains one of the rapidly growing industries today. If you are planning to take or have already ta
Franchising works for everyone because it brings real benefits not just to the franchisor but to the franchisee also. These days Southern part of India is offering vast opportunities to the budding investors.