Budget 2023 | Government extends support measures for start-ups
2 years, 1 month ago

Budget 2023 | Government extends support measures for start-ups

The Hindu  

Asserting the importance of entrepreneurship for the economic development of the country, Finance Minister Nirmala Sitharaman on Wednesday proposed to extend the period of incorporation for income tax benefits to eligible start-ups by one more year till March 31, 2024. India is now the third-largest ecosystem for start-ups globally and ranks second in innovation and quality among middle-income countries,” Ms. Sitharaman said as she presented the Union Budget 2023-24 in the Lok Sabha. The Finance Minister also proposed to extend the benefit of carry forward of losses on change of shareholding of start-ups to 10 years of incorporation, from the current seven years. In January 2016, the government launched the Startup India initiative to build a strong ecosystem for nurturing innovation and encouraging private investments in the startup ecosystem.

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History of this topic

Startups receive ₹25 crore grant under ELEVATE 2024 from Karnataka government
3 days, 4 hours ago

Startups receive ₹25 crore grant under ELEVATE 2024 from Karnataka government

The Hindu  

The Government of Karnataka has awarded ₹25 crore in grants to 101 startups as part of the ELEVATE 2024 initiative, aimed at fostering innovation and entrepreneurship. Notably, 17 rural innovation startups addressing real-life challenges at the grassroots level have been funded,” said Priyank Kharge, Minister for IT & BT, and Rural Development. Mr. Kharge also noted that the startups from …

Start-ups should focus on what Kerala can do in emerging sectors, suggests Chief Minister Pinarayi Vijayan
4 weeks, 1 day ago

Start-ups should focus on what Kerala can do in emerging sectors, suggests Chief Minister Pinarayi Vijayan

The Hindu  

Chief Minister Pinarayi Vijayan on Saturday urged young entrepreneurs in the start-up ecosystem to explore what Kerala can do in areas such as generative artificial intelligence, agri-tech, climate change and e-mobility. Inaugurating Mawazo 2025, a youth start-up festival organised by the Democratic Youth Federation of India, Mr. Vijayan observed that large-scale research is taking place in the area of gen …

Invest Kerala Global Summit: Kerala CM Pinarayi Vijayan promises to cut red tape
1 month, 1 week ago

Invest Kerala Global Summit: Kerala CM Pinarayi Vijayan promises to cut red tape

The Hindu  

Kerala Chief Minister Pinarayi Vijayan said here on Friday that the Left front government has ensured that no investor coming to Kerala will have to face the “cobweb of procedural delays and meet the barriers of red tape.” “We have made major strides in simplifying procedures as regards investments. The government considers that it has a great role to play …

Rs 10k crore fund to support 500 start-ups in five years
1 month, 3 weeks ago

Rs 10k crore fund to support 500 start-ups in five years

New Indian Express  

Unlike direct grants, the funds don’t go straight to start-ups but are routed via alternative investment funds, which specialise in funding high-growth companies. With banks’ co-financing, we will have Rs 20,000-Rs 25,000 crore funds in next five years and will support 500 well-capitalised start-ups via this fund,” he said. Over the past a few years, several start-ups have moved overseas, …

A few benefits for startups but no real dismantling of complex regulatory landscape
1 month, 4 weeks ago

A few benefits for startups but no real dismantling of complex regulatory landscape

Live Mint  

India has the third largest startup ecosystem in the world, which is expected to witness year-on-year growth of 12%-15%. On the funding part, the finance minister has mentioned that Alternative Investment Funds for startups—presumably referring to AIF Category 1—have received more than ₹91,000 crore of commitment and these are supported by a “fund of funds" set up with a government …

Startups get major monetary boost in Union Budget 2025
1 month, 4 weeks ago

Startups get major monetary boost in Union Budget 2025

Deccan Chronicle  

Hyderabad: The expansion of the Fund of Funds for Start-ups, announced in the Union Budget on Saturday, is expected to boost innovation, support job creation, and strengthen the startup ecosystem. Speaking to Deccan Chronicle, Sundeep Kumar Makthala, chairman and founder of TConsult, said the additional contribution from the government is a huge boost for start-ups. The Budget has also proposed …

Nirmala Sitharaman announces major initiatives for startups and AI development
1 month, 4 weeks ago

Nirmala Sitharaman announces major initiatives for startups and AI development

Deccan Chronicle  

Visakhapatnam: The finance minister announced three major initiatives in the sector of start-ups, IT and AI technology. She announced that Rs 10,000 crore has been allocated to support start-ups, financial support for 10,000 fellowships at institutions like IITs and IISc and the establishment of a centre of excellence in AI for education with a Rs 500 crore outlay. Nirmala Sitharaman …

Industrialists, entrepreneurs welcome Union Budget 2025-26
1 month, 4 weeks ago

Industrialists, entrepreneurs welcome Union Budget 2025-26

The Hindu  

Industrialists and entrepreneurs of various Information Technology and IT-enabled services in the city mostly welcomed the Union Budget 2025-26, presented on Saturday. Neeraj Sarda, former chairman of CII Andhra Pradesh, emphasised the strategic importance of shipbuilding, supported by the ₹25,000 crore Maritime Development Fund and incentives for large ships, making it a key job creator. The ₹20,000 crore Nuclear Energy …

Union Budget 2025: Kerala industry players welcome tax concessions, eye growth in MSMEs, start-ups and agriculture
1 month, 4 weeks ago

Union Budget 2025: Kerala industry players welcome tax concessions, eye growth in MSMEs, start-ups and agriculture

The Hindu  

Along with the all-round cheer about the concessions announced on individual income-tax in the Union Budget 2025-26, industry players in Kerala have pointed to areas such as food processing, start-ups, agriculture development and MSMEs, which can be leveraged by the State. Kerala State Small Industries Association president A. Nizarudeen welcomed the move to provide more credit accessibility under the credit …

Budget 2025: Will startups get tax breaks, financial and innovation boost?
1 month, 4 weeks ago

Budget 2025: Will startups get tax breaks, financial and innovation boost?

India Today  

Indian startups have high hopes from Budget 2025 as they expect polices and measures that boost innovation and offer greater financial support, that are a key to their growth and expansion. By allocating or repurposing additional funds to co-finance proof-of-concepts that hold strategic interest for enterprises, in collaboration with public and private markets, can drive increased adoption of sustainable and …

Union Budget 2025: Why the startup ecosystem is looking forward to a thriving period
2 months ago

Union Budget 2025: Why the startup ecosystem is looking forward to a thriving period

Firstpost  

As India’s startup ecosystem continues to be a key driver of economic growth and employment generation, it is imperative that Union Budget 2025 lays the foundation for a more supportive and dynamic entrepreneurial landscape The upcoming Union Budget 2025-26 presents a crucial opportunity for the Indian government to further empower the startup ecosystem, fostering innovation, job creation and economic growth. …

Union Budget 2025: Why the startup ecosystem is looking forward to a thriving period
2 months ago

Union Budget 2025: Why the startup ecosystem is looking forward to a thriving period

Firstpost  

As India’s startup ecosystem continues to be a key driver of economic growth and employment generation, it is imperative that Union Budget 2025 lays the foundation for a more supportive and dynamic entrepreneurial landscape Start-up needs support from the Union Budget. AP The upcoming Union Budget 2025-26 presents a crucial opportunity for the Indian government to further empower the startup …

India’s Startup Revolution is No Longer Soaring Skyward. Lack of Consumption Demand and Funds are to Blame
2 months ago

India’s Startup Revolution is No Longer Soaring Skyward. Lack of Consumption Demand and Funds are to Blame

The Hindu  

Published : Jan 25, 2025 17:34 IST - 6 MINS READ At a dinner gathering held ahead of the 2024 general election in India, a veritable who’s-who of India’s startup world hobnobbed with BJP Ministers in a show of both strength and tacit support for the idea of a third-term Narendra Modi government. And indeed, there followed a flurry of …

Start-ups expect simplified tax regime
2 months ago

Start-ups expect simplified tax regime

New Indian Express  

BENGALURU: With the abolition of angel tax in the previous budget, the country’s start-up ecosystem saw a boost in early-stage investments, and now in the upcoming budget, they expect tax reforms, simplification of ESOP taxation and extended tax holidays. Ashwani Singh, MD of 35 North Ventures, an early-stage AIF focused on empowering start-ups, said that the current taxation structure, taxing …

Enhanced budget support for small businesses, startups on cards
2 months, 1 week ago

Enhanced budget support for small businesses, startups on cards

Live Mint  

New Delhi: The Union Budget for 2025-26 is likely to step up financial support for startups and small businesses that account for nearly a third of the nation’s economic output. Its flagship schemes include covid-era Guaranteed Emergency Credit Line, which fully guarantees loans given to eligible small businesses; and the Prime Minister Employment Generation Programme that backs starting micro-enterprises in …

Enhanced budget support for small businesses, startups on cards
2 months, 1 week ago

Enhanced budget support for small businesses, startups on cards

Live Mint  

New Delhi: The Union Budget for 2025-26 is likely to step up financial support for startups and small businesses that account for nearly a third of the nation’s economic output. Its flagship schemes include covid-era Guaranteed Emergency Credit Line, which fully guarantees loans given to eligible small businesses; and the Prime Minister Employment Generation Programme that backs starting micro-enterprises in …

How India’s credit guarantee scheme for startups can spur economic growth
2 months, 1 week ago

How India’s credit guarantee scheme for startups can spur economic growth

Live Mint  

India’s economy is poised to become the world’s third largest and a key growth driver will be startups. The major components of “funding support and incentives" are Fund of Fund Scheme, Startup India Seed Fund Scheme, and Credit Guarantee Scheme for Startups. This scheme’s key features include: a completely digital and automated process; member lending institutions checking if eligibility parameters …

Startup India made India one of the most vibrant startup ecosystems: Modi
2 months, 2 weeks ago

Startup India made India one of the most vibrant startup ecosystems: Modi

Deccan Chronicle  

New Delhi: Lauding 'Startup India' as a transformative programme, Prime Minister Narendra Modi said on its ninth anniversary on Thursday that the initiative has propelled India to become one of the largest and most vibrant startup ecosystems globally. It is a landmark initiative that has redefined innovation, entrepreneurship and growth, he said, describing the programme as "very close to my …

National Startup Day: How to launch a startup in India, a step-by-step guide
2 months, 2 weeks ago

National Startup Day: How to launch a startup in India, a step-by-step guide

India Today  

India's startup ecosystem has gone through a remarkable growth in recent years. The Startup India Seed Fund Scheme is one such initiative, benefiting over 1,000 startups by providing early-stage funding. ECONOMIC IMPACT OF STARTUPS AND CHALLENGES THEY FACE The cumulative effect of government initiatives such as Startup India, and Make in India, which promotes local manufacturing businesses to a great …

Two state startups get SII recognition
2 months, 2 weeks ago

Two state startups get SII recognition

Deccan Chronicle  

Hyderabad: Two startups from Telangana, Skyroot Aerospace and Autocracy Machinery, both of which are based in the city, are among the 1.54 lakh startups recognised across the country under the Startup India Initiative. According to a report published on Wednesday, the initiative, launched on January 16, 2016, has propelled entrepreneurship across India, creating 17 lakh direct jobs and promoting innovation …

Andhra Pradesh can become a startup hub if it can convert challenges into opportunities, says CII-AP chairman
2 months, 2 weeks ago

Andhra Pradesh can become a startup hub if it can convert challenges into opportunities, says CII-AP chairman

The Hindu  

The Confederation of Indian Industry-Andhra Pradesh said in its ‘vision for a global startup ecosystem in the State’ that Andhra Pradesh has the potential to become a global startup hub under the leadership of Chief Minister N. Chandrababu Naidu. Leveraging technologies like robotics and AI can transform the challenges into scalable opportunities,” CII-AP chairman V. Murali Krishna stated in the …

DPIIT encourages large companies to collaborate with startups for business growth
2 months, 2 weeks ago

DPIIT encourages large companies to collaborate with startups for business growth

Live Mint  

New Delhi: In preparation for the second edition of the Union government’s Startup Mahakumbh 2025 event, the Department for Promotion of Industry and Internal Trade has urged large companies to collaborate with startups to address business challenges. “Large companies may already have a significant workload, and when facing challenges, rather than allocating more internal resources, they might prefer to collaborate …

Public procurements may come with startup quotas
3 months, 3 weeks ago

Public procurements may come with startup quotas

Live Mint  

Top central ministries are discussing a proposal that may mandate public sector units to purchase 10% of their requirements from startups, two people aware of the development said. Some of India's ongoing efforts to encourage startups sector include the Startup India seed fund initiative and Atal Innovation Mission. This initiative not only provides a platform for startups to showcase innovative …

Growth Engine: Start-ups have potential to power India to a Viksit Bharat
4 months ago

Growth Engine: Start-ups have potential to power India to a Viksit Bharat

Deccan Chronicle  

The Indian government’s Vision 2047 envisages turning into a developed economy by the centenary of our Independence with a GDP of USD 30 trillion and a per-capita income of USD 18,000-20,000. The Society for Innovation and Entrepreneurship, one of India’s earliest academia backed incubator birthed at IIT Bombay has been doing just that, by encouraging students, faculty members and alumni …

Uttar Pradesh has become nation’s top startup hub, says state IT minister
4 months, 2 weeks ago

Uttar Pradesh has become nation’s top startup hub, says state IT minister

Hindustan Times  

Uttar Pradesh has established itself as the nation’s best startup ecosystem, a success attributed to the state government’s proactive support and attractive policies, said the state’s electronics and information technology minister Sunil Kumar Sharma on Wednesday, adding that this progress was aligned with Prime Minister Narendra Modi’s vision for a self-reliant India. Uttar Pradesh IT minister Sunil Kumar Sharma addressing …

India Sets Up $119 Million Fund for Space Startups: A Step Towards Boosting Space Ambitions
5 months ago

India Sets Up $119 Million Fund for Space Startups: A Step Towards Boosting Space Ambitions

Firstpost  

India has approved a $119 million venture capital (VC) fund to support space start-ups in the country. The fund will provide capital to 40 start-ups over the next five years, with an average deployment amount ranging from Rs 10-60 crore. This fund is expected to have a significant impact on India's space ambitions, boosting the country's space economy and creating …

Start-up funding falls 7% to $7.6 billion in January-September
6 months ago

Start-up funding falls 7% to $7.6 billion in January-September

New Indian Express  

NEW DELHI: Indian start-ups have secured only $7.6 billion in funding in the last nine months, marking a 7% decline from $8.2 billion in 2023 and a 66% fall from $22.4 billion funding in 2022. The retail sector managed to attract $1.95 billion in funding so far this year, and this is a 23% increase from 2023 but a 61% …

India marks 1.4 lakh registered startups, Maharashtra tops list followed by Karnataka, Delhi
8 months ago

India marks 1.4 lakh registered startups, Maharashtra tops list followed by Karnataka, Delhi

New Indian Express  

NEW DELHI: The number of startups in India has increased to more than 1.4 lakh, highlighted Union Minister of State for Commerce and Industry, Jitin Prasada, in Rajya Sabha. He stated that the Government, to build a strong ecosystem for nurturing innovation, startups, and encouraging investments in the startup ecosystem of the country, launched the Startup India initiative on January …

Karnataka govt. offered ₹60 crore funding to 263 start-ups
8 months ago

Karnataka govt. offered ₹60 crore funding to 263 start-ups

The Hindu  

As many as 263 start-ups were offered funding of over ₹60 crore by the Department of Information Technology and Biotechnology of Karnataka in 2022 and 2023, according to a report released here on Wednesday. According to the report, among the 263 winners, women entrepreneurs lead 47 start-ups, and 119 start-ups are from tier II and III cities in the State, …

Budget 2024: Abolition of angel tax will improve startup ecosystem, foster innovation in Odisha
8 months ago

Budget 2024: Abolition of angel tax will improve startup ecosystem, foster innovation in Odisha

New Indian Express  

BHUBANESWAR: The startups have much to cheer about the announcements made by Union Finance minister Nirmala Sitharaman on Tuesday. Addressing a long-standing demand, she introduced significant reforms, including abolition of angel tax for all investors, to support small businesses and foster innovation. “The abolition of the angel tax for all classes of startup investors could be a game-changer for the …

Budget 2024: Centre allocates ₹1000 cr venture fund to boost space economy ‘five-fold in next decade’
8 months ago

Budget 2024: Centre allocates ₹1000 cr venture fund to boost space economy ‘five-fold in next decade’

Hindustan Times  

Union finance minister Nirmala Sitharaman on Tuesday announced the creation of a ₹1,000 crore venture capital fund in the Budget 2024 aimed at expanding the space economy “fivefold over the next decade”. The new venture capital fund is expected to stimulate private sector involvement in space activities, supporting startups and established firms in advancing innovative space technologies. News agency PTI …

Incentives for start-ups, ONDC expansion: What Paytm’s Vijay Shekhar Sharma expects from Union Budget
8 months, 3 weeks ago

Incentives for start-ups, ONDC expansion: What Paytm’s Vijay Shekhar Sharma expects from Union Budget

Live Mint  

One 97 Communication also known as Paytm, founder Vijay Shekhar Sharma expects the focus to be on digitisation and start-ups getting support from the upcoming Union Budget 2024, the founder told ANI during an event on Saturday, July 6th. “My expectation from the Government of India is to promote ONDC further because ONDC is in a way becoming an e-commerce …

Commerce Ministry To Likely Propose More Funds To Boost Start-up Culture In Next Budget
9 months, 3 weeks ago

Commerce Ministry To Likely Propose More Funds To Boost Start-up Culture In Next Budget

ABP News  

The Commerce and Industry Ministry could be looking for more funds for start-ups in the upcoming Budget, an official said. Announced in April 2021 with a corpus of Rs 945 crore, the fund was launched to help provide financial assistance to new businesses for proof of concept, prototype development, product trials, commercialisation, and market entry. According to a report by …

Boost for start-ups, cheaper education and healthcare: what young voters in Kolkata want
10 months, 1 week ago

Boost for start-ups, cheaper education and healthcare: what young voters in Kolkata want

The Hindu  

Young voters in Kolkata, including first-time voters, say they would cast their ballot this Lok Sabha election with the expectation that the new government would encourage start-ups and also promise cheaper education and healthcare. Swastik Mandal, another first-time voter, said, “I expect proper allocation of resources to institutes and the creation of a conducive atmosphere for external companies to invest …

Rahul, a Start-up That Fails Often, Says Modi
1 year ago

Rahul, a Start-up That Fails Often, Says Modi

Deccan Chronicle  

New Delhi: Prime Minister Narendra Modi on Wednesday took a subtle swipe at Congress leader Rahul Gandhi by highlighting the difference between political startups and business startups. Without naming anyone, Mr Modi said, “Some in politics need to be repeatedly launched.” Speaking after inaugurating the "Startup Mahakumbh" at Bharat Mandapam, Mr Modi said that many people launch startups. Expressing satisfaction …

India’s startup growth to pave way to developed nation by 2047: PM Modi
1 year ago

India’s startup growth to pave way to developed nation by 2047: PM Modi

Live Mint  

India has emerged as the world's third-largest startup ecosystem, a development that Prime Minister Narendra Modi believes will chart the country's course towards becoming a developed nation by 2047. In the field of Intellectual Property Rights, India is moving towards becoming the leading country among the top countries.” The Startup Mahakumbh was organized in collaboration with various entities, including Assocham, …

Startup Mahakumbh 2024:‘Start-up toh bahot log launch karte hain, aur politics mein to..,’ PM Modi’s jibe at Congress
1 year ago

Startup Mahakumbh 2024:‘Start-up toh bahot log launch karte hain, aur politics mein to..,’ PM Modi’s jibe at Congress

Live Mint  

Prime Minister Narendra Modi on Wednesday took a sharp jibe at the the Congress party while speaking at the 'Startup Mahakumbh' at Bharat Mandapam in New Delhi. Here are the top five updates: As reported by ANI, PM Modi said, “Start-up toh bohot log launch karte hain, aur politics mein toh zyada. Aap mein aur unme fark yeh hai ki …

Interim Budget enthuses startups with extension of tax expiry exemption by a year
1 year, 1 month ago

Interim Budget enthuses startups with extension of tax expiry exemption by a year

The Hindu  

Although the Interim Budget for 2024-25 did not propose any changes in existing taxation, startups are offered certain tax benefits by way of extension of exemptions. According to the Budget document, certain tax benefits to startups and investments made by sovereign wealth or pension funds as also tax exemption on certain income of some International Financial Services Centre units are …

Eight years of Startup India: Is it really a runaway success?
1 year, 2 months ago

Eight years of Startup India: Is it really a runaway success?

Live Mint  

Startup India began on 16 January 2016, and by 2018, claimed itself as a huge success for having reached an arbitrary mark of 10,000 firms registered under it. As Startup India has encouraged startup formation by providing support, mentorship and incentives for entrepreneurs to launch new businesses, thus complementing the Atal Innovation Mission designed to set up incubators and accelerators …

Funding winter: Bengaluru’s start-ups on thin ice
1 year, 2 months ago

Funding winter: Bengaluru’s start-ups on thin ice

The Hindu  

Vinay was hired by an Indian unicorn soon after he finished his Master’s degree in June 2022. “We recently had a town hall where the CEO announced that the company is struggling and we may not get any raises this year.” Vinay is one among the thousands in India who got laid off in 2023 after a severe funding winter …

National Startup Day: Visionaries speak on new ventures’ role in driving growth
1 year, 2 months ago

National Startup Day: Visionaries speak on new ventures’ role in driving growth

Live Mint  

National Startup Day: In recent years, Indian startups have experienced extraordinary growth, propelling the country to the position of the third-largest startup ecosystem globally. Celebrating National Startup Day on January 16, key figures in the startup ecosystem shared insights on the crucial role the new ventures played in shaping India's future. India recorded over 112,718 DPIIT-recognised startups spanning 763 districts …

Indian space industry's meteoric rise in 2023 sets stage for stellar 2024
1 year, 2 months ago

Indian space industry's meteoric rise in 2023 sets stage for stellar 2024

India Today  

2023 was a marvelous year for the Indian Space Industry with the successful launch of Chandrayaan-3 and the Aditya-L1, India’s first solar mission. Indian space startups have become a strong pillar for the private space industry in the last decade, especially after the landmark decision to open the Indian space sector to private companies by Prime Minister Narendra Modi in …

Budget 2024: What startup entrepreneurs expect from FM Sitharaman's interim Budget
1 year, 3 months ago

Budget 2024: What startup entrepreneurs expect from FM Sitharaman's interim Budget

Live Mint  

Budget 2024: India has emerged as the third largest ecosystem for startups globally with over 116,679 recognized ventures across the country. {{^adFree}} {{/adFree}} India has emerged as the third largest ecosystem for startups globally with more than 1,16,679 DPIIT-recognized ventures across the country, according to data available on the Startup India portal. “This will be the first budget after the …

For start-ups, ethics and values will define legacy
1 year, 4 months ago

For start-ups, ethics and values will define legacy

Hindustan Times  

Over the past decade, the Indian start-up ecosystem has witnessed a remarkable transformation. Indian start-ups have achieved impressive milestones with over 100 unicorns including companies such as Flipkart, Ola, Paytm, and Zomato and garnering substantial attention. It’s also interesting to note that Indian entrepreneurs have not only excelled domestically but have expanded their operations internationally, making India a global player …

How Indian startups are contributing to India’s $5 trillion economy goal?
1 year, 5 months ago

How Indian startups are contributing to India’s $5 trillion economy goal?

Live Mint  

Indian startups have witnessed remarkable growth in recent years, with the country emerging as the third-largest ecosystem for ventures globally. In 2022, Indian startups attracted a whopping $42 billion in funding, a substantial leap from the previous year's $16 billion which underscores their pivotal role in India's aspiration to achieve a $5 trillion economy goal. India will soon become a …

Starting your own business? These govt schemes can support your startup in India
1 year, 10 months ago

Starting your own business? These govt schemes can support your startup in India

Live Mint  

In this era of startups, India is leading the world as the country has created a robust ecosystem for businesses and entrepreneurs. List of schemes launched to help Indian startups 1) Multiplier Grant Scheme: The Department of Electronics and Information Technology initiated the Multiplier Grant Scheme to empower collaborative research and development among industries which helps to boost the growth …

Women start-ups, entrepreneurs on the rise in Kerala: Kerala Startup Mission report
2 years ago

Women start-ups, entrepreneurs on the rise in Kerala: Kerala Startup Mission report

The Hindu  

There has been a significant increase in the number of women start-ups and entrepreneurs in Kerala spurred by various schemes and projects implemented by Kerala Startup Mission. According to a report released by KSUM on the eve of International Women’s Day, the number of women start-ups under KSUM has gone up to 233 in the first three months of 2023 …

Satish Reddy | The tech-driven, growth-centric Budget offers a futuristic vision
2 years, 1 month ago

Satish Reddy | The tech-driven, growth-centric Budget offers a futuristic vision

Deccan Chronicle  

The technology-driven Rs 45 trillion spending Budget 2023-24 includes a futuristic “Amrit Kaal” for women, youth, members of the marginalised communities, productivity improvements, energy transition, climate action, investment finance, and major public sector investments in infrastructure led by the Prime Minister’s Gati Shakti. CII has established Intellectual Property Rights facilitation centres in different parts of the country to help SMEs …

Budget 2023: Towards a Prosperous and Digitally Empowered India - News18
2 years, 1 month ago

Budget 2023: Towards a Prosperous and Digitally Empowered India - News18

News 18  

At the onset of the Union Budget 2023 speech, Finance Minister Nirmala Sitharaman mentioned that India remains one of the world’s fastest-growing economies, despite global headwinds. One aspect that particularly came across in the budget announcements was the government’s commitment to building a tech and knowledge-focused economy, which will be a key driver in India’s growth story in the years …

No funding winter, funding always waiting to see more innovative startups: Nirmala Sitharaman to Network18
2 years, 1 month ago

No funding winter, funding always waiting to see more innovative startups: Nirmala Sitharaman to Network18

Firstpost  

Finance Minister Nirmala Sitharaman said, ‘The major push for startups happened in 2016 when the honourable Prime Minister announced a policy. And subsequently year after year giving concessions’ New Delhi: Union Finance Minister Nirmala Sitharaman on Friday said that funds are waiting to see more innovative startups from India and assured that there is no scarcity of funding. In an …

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