🇮🇳India pledges $1.15 Billion for Startups and unveils ambitious reforms!
India is solidifying its position as a key player in the global economy. As part of the new 2025-26 budget, the government announced the creation of a $1.15 billion Fund of Funds for Startups to boost tech innovation and clean energy development.
📢What else was announced:
🟠A High-Level Committee for Regulatory Reforms to simplify bureaucratic processes and reduce compliance burdens for startups.
🟠Plans to launch a Deep Tech Fund of Funds to support startups working on advanced technologies.
🟠Extension of tax benefits for startups until 2030.
🟠A new scheme to support 500,000 first-time entrepreneurs, including women and underrepresented groups.
📌Nuclear Energy Mission: India also unveiled a $2.3 billion Nuclear Energy Mission, aiming to develop at least five indigenous small modular reactors by 2033 and achieve 100 GW of nuclear capacity by 2047.
Why does this matter❔ Startups have already created millions of jobs and attracted over $100 billion in investments in the past decade. India is targeting 8% economic growth to generate enough jobs for its young population and strengthen its global standing.
💡Quote: “We are determined to ensure that our regulations keep up with technological innovations and global trends,” said Finance Minister Nirmala Sitharaman.
✅India continues to inspire with its ambition and reforms!
🇮🇳India pledges $1.15 Billion for Startups and unveils ambitious reforms!
India is solidifying its position as a key player in the global economy. As part of the new 2025-26 budget, the government announced the creation of a $1.15 billion Fund of Funds for Startups to boost tech innovation and clean energy development.
📢What else was announced:
🟠A High-Level Committee for Regulatory Reforms to simplify bureaucratic processes and reduce compliance burdens for startups.
🟠Plans to launch a Deep Tech Fund of Funds to support startups working on advanced technologies.
🟠Extension of tax benefits for startups until 2030.
🟠A new scheme to support 500,000 first-time entrepreneurs, including women and underrepresented groups.
📌Nuclear Energy Mission: India also unveiled a $2.3 billion Nuclear Energy Mission, aiming to develop at least five indigenous small modular reactors by 2033 and achieve 100 GW of nuclear capacity by 2047.
Why does this matter❔ Startups have already created millions of jobs and attracted over $100 billion in investments in the past decade. India is targeting 8% economic growth to generate enough jobs for its young population and strengthen its global standing.
💡Quote: “We are determined to ensure that our regulations keep up with technological innovations and global trends,” said Finance Minister Nirmala Sitharaman.
✅India continues to inspire with its ambition and reforms!
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