Posts

Showing posts from July, 2025

MNRE Biomass Subsidy for Pellets Has Become Easier

Image
In a major boost to the biomass energy sector, the Ministry of New and Renewable Energy (MNRE) has significantly simplified the subsidy application process for biomass briquette and pellet manufacturing units. If you’ve previously struggled to claim your subsidy or were discouraged by complex documentation, this is your moment to reconsider. With the revised guidelines issued on June 27, 2025, MNRE has introduced major reforms, streamlining the process of claiming Central Financial Assistance (CFA). If you're preparing a Project Report for a Bank Loan, PMEGP Project Report, or CMEGP Project Report, this information will be crucial for integrating realistic subsidy figures into your application. 1. Updated Subsidy Rates for Biomass Pellets Non-torified biomass pellets now qualify for ₹21 lakh/TPH up to 5 TPH, capped at ₹1.05 crore (or 30% of machinery cost). For torrefied pellets, the subsidy is ₹42 lakh/TPH up to a maximum of ₹2.10 crore. This allows businesses to reflect credib...

How to Apply for a Mudra Loan Without ITR

Image
Many budding entrepreneurs, especially small business owners, worry whether they can apply for a Mudra Loan if they haven't filed an Income Tax Return (ITR). The good news is — Yes, you can apply for a Mudra Loan even without ITR, but you must present alternative documentation that reflects your business viability. One of the most powerful tools in your arsenal is a well-prepared Mudra Loan Project Report . Let’s explore how you can strengthen your Mudra Loan application without ITR using a Project Report for Loan , proper Udyam Registration , and a professional Detailed Project Report . What is a Mudra Loan? The Pradhan Mantri Mudra Yojana (PMMY) offers loans up to ₹10 lakh to small and micro-enterprises without requiring collateral. The three categories—Shishu, Kishor, and Tarun—cater to businesses at different stages. While having ITR data is ideal, banks may still process your loan if you present a reliable Mudra Loan Project Report and other business proofs. 1. Strength...

Mudra Loan with Income Tax, Udyam, and Project Report

Image
  Mudra Loan with Income Tax, Udyam, and Project Report – Your Complete Guide Small businesses and micro-enterprises are the heart of India's economy. To support their growth, the Government of India introduced the Mudra Loan under the Pradhan Mantri Mudra Yojana (PMMY), offering collateral-free loans to non-corporate, non-farm small/micro enterprises. However, while the scheme is simplified, success depends on proper documentation, especially a well-drafted Mudra Loan Project Report , accurate income tax return filing , and valid Udyam Registration . In this blog, we’ll explain how to use these three key tools—ITR, Udyam, and Project Report—to secure your Mudra Loan approval. What is a Mudra Loan? The Mudra Loan scheme is categorized into three segments: Shishu (loans up to ₹50,000) Kishore (₹50,001 to ₹5 lakh) Tarun (₹5 lakh to ₹10 lakh) Whether you're applying under any of these categories, you must submit a reliable Project Report for Loan , including financials, bu...