Bengaluru, July 5 -- Union Minister of Commerce and Industry Piyush Goyal, during an interactive session with industry leaders in Bengaluru, highlighted a series of major policy initiatives aimed at accelerating research, fostering innovation, generating employment, and strengthening India's startup ecosystem.

During his interaction, Piyush Goyal addressed the recent Union Cabinet approval of over Rs three lakh crore in new schemes.

"Under the leadership of PM Modi, our Ministry approved a scheme to provide Rs 1 lakh crore to promote research and development and innovation. We have also come out with a Rs 2 lakh crore employment generation incentive scheme and several other program for skill development, internship program," the Union M...