New Delhi, Feb. 1 -- Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2025 in the Lok Sabha here on Saturday, announced a fresh contribution of Rs 10,000 crore to the Fund of Funds (FoF) for startups, supplementing the government's existing Rs 10,000 crore commitment.
She highlighted that the FoF for startups has so far received commitments amounting to over Rs 9 lakh crore, reflecting its significant role in fostering entrepreneurial growth in the country.
Further, Sitharaman stated that additional infrastructure would be developed in the Indian Institutes of Technology (IITs) established post-2014. Among these, IIT Patna is set to witness an expansion, underscoring the government's commitment to strengthening high...