Continuation of Interest Subvention Scheme through KCC 2025–26
Modified Interest Subvention Scheme (MISS) for 2025–26 continues the concessional short‑term credit support to farmers through Kisan Credit Cards (KCC) for agriculture and allied activities, with no fundamental change in structure vis‑à‑vis earlier years. It aims to ensure assured, affordable and timely working capital to cultivators while incentivising prompt repayment and supporting the viability of…
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FEMA 2026 Overhaul: Unified Export-Import Rules Simplified
The Reserve Bank of India (RBI) notified the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 (Notification No. FEMA 23(R)/2026-RB dated January 13, 2026), superseding the 2015 export regulations and introducing a unified framework for goods and services exports and imports. Effective from October 1, 2026, these principle-based rules aim to…
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Reserve Bank – Integrated Ombudsman Scheme (RB-IOS), 2026
The Reserve Bank of India (RBI) notified the Reserve Bank – Integrated Ombudsman Scheme (RB-IOS), 2026 on 16 January 2026, replacing the 2021 scheme with the objective of further streamlining customer grievance redressal across RBI-regulated entities. The revised scheme will come into force from 1 July 2026 and reinforces the philosophy of “One Nation, One…
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Updated RBI Priority Sector Lending (PSL) Directions, 2025
The RBI Priority Sector Lending (PSL) Master Directions, 2025, updated as on January 19, 2026, consolidate and supersede the earlier 2020 guidelines. These Directions apply to Commercial Banks, Regional Rural Banks (RRBs), Small Finance Banks (SFBs), Local Area Banks (LABs), and Urban Co-operative Banks (UCBs), excluding Salary Earners’ Banks. The revised framework aims to strengthen…
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Bank finance under PMEGP scheme
(This article clarifies on who is eligible ( the age, limit, qualification) including quantum of subsidy, bank loan and money to be bought up by the entrepreneur to start up a business for bank finance under PMEGP scheme.) Any individual, above 18 years of age. At least VIII standard pass for projects costing above Rs.10 lakh…
CLCSS subsidy scheme for micro and small enterprises
The Ministry of Micro, Small and Medium Enterprises is operating a scheme namely “Credit Linked Capital Subsidy Scheme (CLCSS) for technology upgradation of Micro and Small Enterprises. If you are a MSE (Micro & Small Enterprise) manufacturer and if you want to modernize your equipment/plant/machineries, you may get capital subsidy of up to Rs.15 lakh…
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