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Government to set up 'Deep Tech Fund of Funds' for next gen startups: Sitharaman
The Statesman Siliguri
|February 02, 2025
Union Minister for Finance Nirmala Sitharaman on Saturday announced that the possibility of a 'Deep Tech Fund of Funds' will be explored to catalyse the next generation startups.
She also announced that customised Credit Cards with a five lakh limit for micro enterprises registered on Udyam portal will be introduced. She further remarked that in the first year, 10 lakh such cards will be issued.
The Union Budget 2025-26 sees the next five years as a unique opportunity to realise 'Sabka Vikas', stimulating balanced growth of all regions and achieving the goal of Viksit Bharat, she said.
The Union Budget defines MSMEs as one of the powerful engines for the story of development and the proposed development measures support MSMEs to accelerate growth and secure inclusive development.
Cette histoire est tirée de l'édition February 02, 2025 de The Statesman Siliguri.
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