UNNATI

Govt approves Rs 10,037 crore UNNATI scheme for Northeast industrial development

The government has approved the Uttar Poorva Transformative Industrialization Scheme, 2024, with a budget of Rs 10,037 crore, aimed at boosting industrial growth and employment in the northeastern states. The scheme aims to drive economic activity in manufacturing and services, leading to holistic socio-economic development. It seeks to generate employment, uplift socio-economic status, and create a conducive environment for economic activities. Under the scheme, investors will be incentivized to set up new units or expand existing ones, contributing to the region's industrial growth and economic prosperity.

UNNATI scheme a gamechanger initiative by PM Narendra Modi, says Sarbananda Sonowal

The UNNATI scheme, a gamechanger initiative by PM Narendra Modi, aims to boost development of newer industries in the Northeast and generate employment. It will promote trade and commerce with Southeast Asia and strike a balance between industrial growth and the region's pristine environment.

Unnati Agri ties up with IFFCO for ‘channel financing'

Unnati Agri partners with IFFCO to offer channel financing solutions to 76,000 channel partners across India. Through Unnati Agri's collaboration with non-banking financial companies, including Ora Finance, the digital credit facility enables channel partners to procure larger stock quantities from IFFCO. This empowers them to deliver quality agricultural products to farmers promptly. The partnership supports IFFCO's initiatives in promoting innovative technology-based fertilizers for sustainable farming practices, starting initially in Uttar Pradesh, Bihar, Maharashtra, Telangana, and Andhra Pradesh.

Gram Unnati partners with Uttar Pradesh govt for agri transformation

Spanning a timeline of three to five years its overarching goal is to elevate farmer incomes and preserve vital natural resources. The primary objectives are to significantly enhance farmer incomes by 15% to 25% and to conserve crucial natural resources, including reducing water usage for irrigation by an impressive 60% to 80%.

New Listing: India sees 1st ever Social Stock Exchange listing with debutant SGBS Unnati

Social Stock Exchange (SSE) is a separate segment created by stock exchanges to help social enterprises raise funds from the public. Certain types of social enterprises like not-for-profit organizations (NPOs) can register on SSE and undertake to make continuous disclosures on their social impact.

Unnati Agri attains break-even status in Oct; registers 2x growth

Unnati Agri, an agriculture supply chain and financial services startup, achieved break-even status in October 2023, achieving a 2x growth compared to the previous year. The company's financial performance was EBITDA positive, with 1.1% margins. Unnati's exclusive branded product line, including seeds, fertilizers, and crop protection solutions, experienced 8-9x year-on-year growth.

Poll promises, festivals slow down paddy procurement at MSP in Chhattisgarh

Political expert RS Krishna Das said a similar situation of slow pace of paddy procurement was witnessed during the 2018 polls when Congress had promised Rs 2,500 MSP per quintal of paddy and a loan waiver. This time too farmers are waiting for the election results, he said. However, political parties have not mentioned in their manifestos that higher prices against paddy purchase will be given from which kharif season, he added.

India’s social stock exchanges will see more listings and tweaks

A nonprofit wishing to list on a social bourse needs to first register with it and meet a host of criteria, make annual disclosures and produce extensive documentation, just as a company planning an IPO would. This includes a detailed fund-raise document with financial statements, risks, past social impact and the strategy to achieve its vision.

Tanvi, Bornil storm into finals of Badminton Asia Junior Championships

Indian badminton players Tanvi Sharma and Bornil Aakash Changmai have secured their spots in the finals of the Badminton Asia U17 and U15 Junior Championships in Chengdu, China. Tanvi defeated Anyapat Phichitpreechasak of Thailand in a closely contested match, while Bornil won against compatriot Jagsher Singh Khangurra.

Gram Unnati signs MoU with Bayer to promote cultivation of spring maize in UP

Gram Unnati has signed an agreement with Bayer CropScience to promote the cultivation of spring maize in six western Uttar Pradesh districts. Through the collaboration, over 100,000 farmers will have access to timely crop advisory, transfer of good agricultural practices as well as premium products supplied by Bayer and support required for setting up model farms. Gram Unnati has existing connections in the districts, and the joint-venture would enable it to mobilise larger numbers of farmers.

Agritech startup Unnati Agri raises Rs 28.5 crore, enters strategic partnership with IPL Biologicals

Unnati Agri aims to use the fresh funds to expand its product line by having a joint go-to-market arrangement with IPL Biologicals. IPL Biologicals has a range of patented microbial and biological nutrition, biocontrol and soil and plant stimulants.

4 reasons Aarti Industries is stock pick of the week

Aarti industries will benefit from the growth in the Indian specialty chemicals market, process innovation, value-added products and a rich pipeline of more than 50 products.

Shriram Finance's Unnati Jubilee fixed deposit scheme: These investors can earn up to 9.15% FD interest rate

Shriram Finance, a division of the Shriram Group, launched a special fixed deposit scheme under the category of Jubilee Deposits (Shriram Unnati Deposits) with higher interest rates to mark the Shriram Group's golden jubilee.

Fundamental Radar: Zydus Lifesciences is a tactical buy for a 12-month target of Rs 572, says Unnati Jadhav

Earn up to 9.36% interest rate on this NBFC’s FDs

Shriram Finance (SFL) has increased fixed deposit interest rates across the board. The new FD rates go into effect on January 1, 2023.

Intel to ramp up focus on hiring from tier 2, tier 3 colleges

These are not limited to just colleges but also focus on developing talent across talent groups ranging from women in technology, people with disabilities, the LGBTQ+ community and more. The Unnati programme is focused on technology inclusion and advancing students’ skills in emerging technology. Programs under Unnati are curated to equip engineering students with relevant data-centric skills and cultivate them to be industry-ready, providing a strategic impetus to India’s digital economy transformation.

Badminton Asia Junior Championships:Unnati Hooda becomes the first Indian to play in the U-17 singles final

Quality Council of India appoints Jaxay Shah as new Chairman

Established in 1997 through a Cabinet Note by the government of India, QCI is mandated to promote quality in the country through national accreditation of testing, inspection and certification bodies which is internationally recognised, driving third-party assessments across sectors.

Domestic housing sector set to grow in next 5 years: PNB Housing Finance

In FY22, PNB Housing Finance disbursed Rs 11,246 crore loans, reflecting an annual growth of 8 per cent. The housing finance company said it will continue to build its affordable housing portfolio, and has opened as many as 24 locations during the year to enhance Unnati loans. Citing a report from Crisil, the company said the real estate demand is likely to grow modestly at 5-10 per cent during FY23 to FY24.

Gram Unnati helps Uttarakhand farmers adopt climate-compatible agriculture to save water

According to the United Nations, by 2050 more than five billion people could be affected by water scarcity. India, which constitutes 16% of the total world population, has access to a meagre 4% of the world’s water resources. The success of our pilot project in Uttarakhand will impact other farmers to shift towards climate compatible crops without having an impact on yield and returns.”

Registration for ISRO's programme on nanosatellite area begins

The programme, named 'UNNATI' (UNispace Nanosatellite Assembly & Training by ISRO), was announced during the symposium to commemorate the 50th anniversary of the first United Nations conference on exploration and peaceful use of outer space (UNISPACE+50), according to a statement from ISRO.

Gram Unnati appoints ex-chief election commissioner Sunil Arora as non-executive chairman

Agritech startup Gram Unnati on Tuesday said it has appointed former chief election commissioner Sunil Arora as the new non-executive chairman of its board.

UP polls: Priyanka Gandhi releases Congress manifesto