Budget 2024 Places Increased Emphasis on the Deep Tech Sector, Industry Reacts
India, Feb. 2 -- Nirmala Sitharaman, Finance and Corporate Affairs Minister, Government of India, while presenting the Interim Budget 2024 unveiled a series of strategic announcements aimed at bolstering the growth and innovation within the deep tech sector in India . The budget, for the fiscal year 2024, outlines the government's commitment to fostering a technology-driven ecosystem and positioning India as a global player in cutting-edge technologies, she said. A corpus of Rs.1 lakh crore to be established with a fifty-year interest-free loan for boosting private investment in sunrise technologies, and a new scheme to be launched for strengthening deep-tech technologies for defence purposes and expediting 'atmanirbharta'
Sitharaman all...
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