New Delhi, Feb. 1 -- Finance Minister Nirmala Sitharaman on Saturday announced the exploration of a Deep Tech Fund of Funds to catalyse the next generation of technological innovations.
This initiative is expected to strengthen India's position in deep tech and strategic sectors.
Unveiling several key initiatives in her budget speech, Sitharaman emphasised the government's commitment to fostering technological advancements, boosting infrastructure, and supporting various sectors of the economy.
Sitharaman noted that the total number of students in the 23 Indian Institutes of Technology (IITs) has doubled over the past decade, rising from 65,000 to 1.35 lakh. To accommodate this growth, additional infrastructure will be created in the fi...