ASCOpedia

The MP IT Investment Promotion Policy 2023 aims to boost IT, ITes, Data Centres, and ESDM sectors by offering ready-to-use infrastructure and co-working spaces. It provides incentives for CAPEX, rent, interest, employment, marketing, certification, patents, and more. Focused on empowering startups and MSMEs, the scheme positions them as key drivers of economic growth and employment generation across the state, creating a conducive environment for innovation and sustainable development.

The Ministry of Food Processing Industries (MOFPI), under the PMKSY scheme, supports food processing units through grants aimed at reducing post-harvest losses and improving supply chains. The initiative promotes sectoral growth, boosts farmer income, and generates employment. Through the SAMPADA scheme, financial aid is provided to eligible entities to develop agro-processing clusters, enhance value addition, and strengthen infrastructure, enabling sustainable growth and competitiveness in India’s food processing ecosystem.

On July 22, 2023, ASCO Capital organized a session on Land Valuation led by Er. Arvind Agrawal. He explained key valuation concepts like Cost, Price, and various types of Value, including Market and Government Value. He also discussed methods to assess asset worth and complexities in leasehold property valuation. The session offered deep insights into valuation practices, enhancing participants' understanding of different real estate scenarios and practical approaches to property assessment.

On February 1, 2023, ASCO Capital hosted a Live Budget Session featuring experts CA Anand Saklecha and CA Manoj Gupta. They provided real-time insights into the Union Budget's key highlights, analyzing its impact on sectors, businesses, and taxpayers. The interactive event enabled attendees to engage with expert commentary, ask questions, and gain clarity on proposed reforms. It proved to be an informative platform for understanding budget implications and making well-informed financial decisions.

On July 2, 2023, ASCO Capital conducted a tree plantation drive at Shakkarbag, reinforcing its commitment to environmental sustainability and community welfare. Team members actively planted trees to enhance green cover and promote ecological balance. The initiative fostered local collaboration and encouraged responsibility toward nature. By engaging with the village community, ASCO set a strong example of environmental stewardship, inspiring ongoing efforts in conservation and corporate social responsibility across the organization and beyond.

On April 2, 2023, ASCO Capital hosted a vibrant cultural night at its Indore office, celebrating team spirit and togetherness. The evening featured live music, games, Running Antakshari, and dancing, followed by a delicious Laziz dinner. The event fostered joy, unity, and team bonding. With creative efforts from Sneh, Aastha, Divyanshi, and Manuraj, and guidance from Mr. Anand Saklecha, the celebration highlighted ASCO’s commitment to an engaging, inclusive, and enjoyable work environment.

The Startup India initiative by the Government of India supports innovation and entrepreneurship through financial incentives, simplified compliance, and access to extensive resources. It aims to create a robust startup ecosystem that empowers entrepreneurs to build scalable businesses. A range of sector-wise and ministry-specific schemes are available to help startups align their goals with government support. For detailed insights, refer to the attached PDF outlining all schemes and opportunities available under the program.

The MOFPI CEFPPC Scheme supports India’s food processing industry by offering 35%–50% capital subsidies (up to ₹5 crore) for infrastructure, value addition, and market expansion. Targeting entrepreneurs, FPOs, cooperatives, and SMEs, it aims to reduce post-harvest losses and boost rural employment. With a ₹1,000 crore budget, the scheme emphasizes timely project completion within 18 months and requires DPRs, viability reports, and compliance documentation.