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Govt's focus may stay on electronics, R&D, digital ecosystems

Mint Mumbai

|

January 30, 2024

The Centre is expected to continue its focus on electron strengthening research and development, and digital ecosystems in the budget in a bid to provide additional boosters to its initiatives around semiconductors, electric vehicles, global capability centres, DeepTech startups, and artificial intelligence (AI).

Govt's focus may stay on electronics, R&D, digital ecosystems

This being an interim budget, however, major new announcements are unlikely, other than a fresh allocation for AI skilling and cybersecurity (through Cert-IN).

The government may, however, announce some more incentives for semiconductor production-linked incentives (PLIS), besides providing updates on the progress madeon the initiatives it announced last year.

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