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Time of India
2 hours ago
- Politics
- Time of India
Youth to receive message of ‘Dharma and Karma' from land of Gita: Haryana sports minister Gaurav Gautam
KURUKSHETRA: Haryana sports minister Gaurav Gautam inaugurated the Inter-State Youth Exchange Programme 2025 at Kurukshetra University (KU), emphasizing the spiritual and cultural significance of Kurukshetra, the land of the Bhagavad Gita. Over 600 youth delegates from 24 states have gathered here for this cultural convergence, which will continue till July 25. Speaking at the opening ceremony on Wednesday, Minister Gautam said, 'The youth of India will receive inspiration for righteous living and dedicated action from this sacred land, where Lord Krishna delivered the timeless message of the Gita. The relevance of that message is undiminished even today. It will guide our youth to play a pivotal role in transforming India into a developed nation by 2047.' Organized by the Department of Youth Empowerment & Entrepreneurship and the Department of Skill Development & Industrial Training, Haryana, the programme began with the ceremonial lamp lighting by dignitaries including Principal Secretary Rajeev Ranjan, Director Captain Manoj, CM's Advisor J S Nain, KU Vice Chancellor Prof Somnath Sachdeva, and BJP leaders Tejendra Singh Goldy and Rahul Rana. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Safety Checklist Construction Teams Trust answerwizardy Learn More Undo On the opening day, the cultural carnival parade was a major highlight as participants adorned traditional attire representing their states, creating a colourful spectacle. The youth panchayat stall also drew considerable attention during the exhibition, which featured contributions from KU, ITIs, and other state departments. Minister Gautam extended greetings on the occasion of Maha Shivratri and the youth festival, stating that such platforms empower young minds with exposure to diverse languages, traditions, and cultures. 'Under Prime Minister Narendra Modi's vision, India's youth are leading the country toward self-reliance, innovation, and global leadership,' he said. Highlighting the impact of schemes like Startup India and the Mudra Yojana, Gautam said thousands of youth are becoming self-sufficient. 'Haryana is leading in the sports sector, and our athletes are poised to bring glory to India on international platforms,' he added. Principal Secretary Rajeev Ranjan welcomed participants, noting that the event offered a rare opportunity for cultural exchange and mutual understanding. 'Youth from across India are here as cultural ambassadors of their states and will carry the legacy of Kurukshetra back with them,' he remarked. Director Captain Manoj shared that during the event, participants will also visit Kurukshetra's spiritual and tourist landmarks. The opening ceremony concluded with cultural performances by students of Chaudhary Devi Lal University and Geeta Kanya School, who presented Haryanvi folk dance and a Saraswati Vandana. The event also witnessed the presence of Kurukshetra DC Neha Singh, SP Nitish Aggarwal, KU Registrar Virender Pal, Additional Director Rajkumar, Principal Jagmohan, and other dignitaries. All guests were honoured with mementoes in recognition of their contributions.
Mint
8 hours ago
- Business
- Mint
What is the Startup India Seed Fund Scheme that offers upto ₹50 lakh to founders? Details here
Over four years ago, Department for Promotion of Industry and Internal Trade (DPIIT) had launched Startup India Seed Fund Scheme (SISFS) in April 2021 with a total budget of ₹ 945 crore meant for those startups which are undergoing the stages of proof of concept, prototype development, product trials, market-entry, and commercialisation. The eligible startups can apply for the scheme on the Startup India portal. The Seed Fund will be disbursed to selected startups through eligible incubators across India. These are the following benefits of this scheme: I. ₹ 20 lakh grant: Under the scheme, one can be awarded up to ₹ 20 Lakhs as a grant for validation of proof of concept, prototype development, or product trials. The grant will be disbursed in milestone-based installments. These milestones can be related to the development of prototypes, product testing, building a product ready for market launch. II. ₹ 50 lakh grant: When the start up wants funding for market entry, or for commercialisation, or for scaling up through convertible debentures or debt or debt-linked instruments, then one can be granted a funding of up to ₹ 50 lakhs of investment. III. Meanwhile, it is vital to note that seed funds can not be used for the creation of any facilities but for the purpose it has been granted for. These are some of the eligibility criteria under the Startup India Seed Fund Scheme: I. Recognised: A startup, which is recognised by DPIIT, should have been incorporated not more than two years ago at the time of application. II. Viable for commercialisation: There must be a business idea for developing a product or a service with market fit, which is viable for commercialisation, and scope of scaling. III. Problem being solved: A startup should be using technology in its core product or service, or business model, or distribution model, or methodology to solve the problem being targeted. IV. Sectors: This scheme primarily gives preference to those startups which are creating some innovative solutions in the sectors including social impact, waste management, food processing, water management, biotechnology, financial inclusion, education, healthcare, energy , agriculture, defense, space, mobility, railways, oil and gas and textiles. V. Already received: Additionally, the startup should not have got more than ₹ 10 lakhs of monetary support under any other Central or State Government scheme but this does not include prize money from competitions and grand challenges, subsidised working space, founder monthly allowance or access to labs. VI. Promoters: Shareholding of Indian promoters in the startup should be over 51 percent at the time of application. The seed support can be availed in any form – grants and debt/convertible debentures as per the guidelines of the scheme. This is the process start-ups need to follow. A: On the Startup India portal, online call for applications is typically hosted on an ongoing basis. B: As mentioned above, applicants must be a DPIIT-recognised startup. Those which fit the bill can apply through the official Startup India Portal ( C: On the home page, one can proceed with 'Apply Now' for startups. D: It is recommended to login using the credentials used during the startup recognition process to apply for the scheme and submit the application form. E: There is an option to apply for seed funds to any three incubators selected as disbursing partners for this scheme in order of their preference. For all personal finance updates, visit here
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Business Standard
10 hours ago
- Automotive
- Business Standard
Maruti Suzuki signs MoU with DPIIT to encourage, support startups
Maruti Suzuki India on Wednesday said it has joined hands with the Department for Promotion of Industry and Internal Trade to encourage and support startups to develop technology-driven solutions in automobile manufacturing and mobility space. Startups recognised by Department for Promotion of Industry and Internal Trade (DPIIT) under the 'Startup India' initiative will have the opportunity to participate in Maruti Suzuki's innovation programmes, the auto major said in a statement. Upon selection, startups will benefit from expert mentorship, industry insights, and access to auto maker's extensive network and infrastructure, which serves as a valuable testbed for robust validation of their solutions, it stated. Additionally, startups will get a platform to connect to incubators, accelerators, and investors to showcase their solutions, it added. "Through this partnership with DPIIT, we will be able to further accelerate our efforts to support promising startups to create technology-led solutions in the automobile manufacturing and mobility space," Maruti Suzuki India Senior Executive Officer Corporate Affairs Rahul Bharti said. This Memorandum of Understanding (MoU) is a step towards creating a robust platform for startups to transform ideas into market-ready mobility and manufacturing solutions, reinforcing India's leadership in next-gen industrial innovation, DPIIT Joint Secretary Sanjiv said. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
10 hours ago
- Automotive
- Time of India
Maruti Suzuki, DPIIT join hands to support tech startups in automobile manufacturing
Maruti Suzuki India Limited has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade ( DPIIT ) to support startups to develop technology-driven solutions in the automobile manufacturing and mobility space. As a result of the pact, startups recognised by DPIIT under the ' Startup India ' initiative can participate in Maruti Suzuki's innovation programs. Upon selection, startups will benefit from expert mentorship, industry insights, and access to the carmaker's extensive network and infrastructure. Additionally, startups will get a platform to connect with incubators, accelerators, and investors to showcase their solutions, according to a joint statement released on Wednesday. The MoU was exchanged between DPIIT and Maruti Suzuki in the presence of Sanjiv, joint secretary, DPIIT, Anjali Bansal, independent director, Maruti Suzuki, Sunil Kakkar, director (corporate planning), Maruti Suzuki, Rahul Bharti, senior executive officer (corporate affairs), Maruti Suzuki and Tapan Sahoo, executive officer (digital enterprise), Maruti Suzuki. Partnership builds on Maruti Suzuki's existing startup programmes Maruti Suzuki has been actively supporting early-stage companies through various initiatives such as the Mobility Challenge, Incubation, Nurture, and Accelerator programmes. So far, the company has screened more than 5,220 startups, engaged with around 150, and onboarded 28 as business partners. 'India is home to a vibrant and growing startup ecosystem. Through this partnership with DPIIT, we will be able to further accelerate our efforts to support promising startups to create technology-led solutions in the automobile manufacturing and mobility space,' Bharti said. 'This MoU is a step towards creating a robust platform for startups to transform ideas into market-ready mobility and manufacturing solutions, reinforcing India's leadership in next-gen industrial innovation,' Sanjiv said. 'Our partnership with Maruti Suzuki reflects DPIIT's commitment to nurturing high-impact startup engagement in the mobility and manufacturing space. We look forward to enabling startups with the support they need to succeed at scale, both in India and globally,' said Alam Ansari, deputy director, Startup India, DPIIT.
News18
11 hours ago
- Automotive
- News18
Maruti Suzuki inks MoU with DPIIT to support startups
New Delhi, Jul 23 (PTI) Maruti Suzuki India on Wednesday said it has joined hands with the Department for Promotion of Industry and Internal Trade to encourage and support startups to develop technology-driven solutions in automobile manufacturing and mobility space. Startups recognised by Department for Promotion of Industry and Internal Trade (DPIIT) under the 'Startup India' initiative will have the opportunity to participate in Maruti Suzuki's innovation programmes, the auto major said in a statement. Upon selection, startups will benefit from expert mentorship, industry insights, and access to auto maker's extensive network and infrastructure, which serves as a valuable testbed for robust validation of their solutions, it stated. Additionally, startups will get a platform to connect to incubators, accelerators, and investors to showcase their solutions, it added. 'Through this partnership with DPIIT, we will be able to further accelerate our efforts to support promising startups to create technology-led solutions in the automobile manufacturing and mobility space," Maruti Suzuki India Senior Executive Officer Corporate Affairs Rahul Bharti said. This Memorandum of Understanding (MoU) is a step towards creating a robust platform for startups to transform ideas into market-ready mobility and manufacturing solutions, reinforcing India's leadership in next-gen industrial innovation, DPIIT Joint Secretary Sanjiv said. PTI MSS MSS DR DR First Published: July 23, 2025, 14:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
