Tag: Tech Budget 2024

Tech Budget 2024: Govt launches Rs. 1 lakh cr fund for tech-savvy youth – will offer 50-yr interest-free loans
1Feb By adminNo Comments
Technology

Tech Budget 2024: Govt launches Rs. 1 lakh cr fund for tech-savvy youth – will offer 50-yr interest-free loans

[ad_1] Tech Budget 2024: Finance Minister Nirmala Sitharaman, in her interim Budget 2024 address to Parliament today, unveiled a significant development for the nation's youth. Emphasising the forthcoming golden era for technology-savvy individuals, Sitharaman announced the establishment of a corpus amounting to one lakh crore rupees, accompanied by 50-year interest-free loans. This corpus is designed to facilitate long-term financing or refinancing, offering extended tenors with low or negligible interest rates. The primary objective is to stimulate research and innovation within the private sector, particularly in emerging fields.“We applaud the government's initiative to establish a Rs. 1 lakh crore fund to fuel technological innovation among our youth. This visionary step, offering ...
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Tech Budget 2024: FM Nirmala Sitharaman announces 300 units of free electricity with rooftop solarization
1Feb By adminNo Comments
Technology

Tech Budget 2024: FM Nirmala Sitharaman announces 300 units of free electricity with rooftop solarization

[ad_1] Tech Budget 2024: Today, Finance Minister Nirmala Sitharaman announced the interim budget for 2024-25 with the aim of fostering and speeding up the greater development of India. As part of the announcement, Sitharaman highlighted the installation of rooftop solarization in 1 crore households which will help obtain up to 300 units of free electricity every month. FM further said, “This scheme follows the resolve of the Prime Minister on the historic day of the consecration of Shri Ram Mandir in Ayodhya.” This move will improve India's sustainability goals.Tech Budget 2024The Finance Minister while presenting the interim budget 2024 announcement talked about the rooftop scheme following the resolve of the Prime Minister. The new scheme will empower 1 crore households with a rooftop...
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Tech Budget 2024: Government unveils deep-tech fortification scheme for defence sector
1Feb By adminNo Comments
Technology

Tech Budget 2024: Government unveils deep-tech fortification scheme for defence sector

[ad_1] Tech Budget 2024: In a significant announcement on Thursday, Finance Minister Nirmala Sitharaman revealed the government's forthcoming scheme aimed at fortifying deep technology within the defence sector. The disclosure was made during the presentation of the interim Budget for the fiscal year 2024-25.Additionally, Minister Sitharaman outlined the government's commitment to fostering both public and private investments in post-harvest agricultural activities. Emphasising advancements in agricultural practices, she highlighted the planned expansion of the application of nano DAP on various crops across different agro-climatic zones. Also read: Tech Budget 2024 Live Updates: FM announces 300 units free electricity with rooftop solarization Furthermore, the Finance Minister detailed...
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Tech Budget 2024 Live Updates: From AI to mobiles, FM Nirmala Sitharaman announcements awaited – countdown on
1Feb By adminNo Comments
Technology

Tech Budget 2024 Live Updates: From AI to mobiles, FM Nirmala Sitharaman announcements awaited – countdown on

[ad_1] Tech Budget 2024 Live Updates: FM Nirmala Sitharaman will be presenting the Budget today and the tech sector has been waiting for this moment for a long time. So, what to expect in Tech Sector? Well, what is driving expectations skyhigh is the artificial intelligence (AI) space which has been on fire for most of the year gone by. Also, with India targeting mobile and other such technological goods for exports, expectations are that there will be a huge windfall for manufacturers. Not just that, the public too would be looking for big breaks in terms of tax cuts announcements for a range of daily use consumer goods. Will it all happen? Just read on as we cover the Budget 2024 announcements as they are announced by FM Sitharaman today in Parliament.Of course, you want to know the m...
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