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Union Finance Minister Nirmala Sitharaman announced the establishment of a Rs 1,000 crore venture capital fund to encourage the development of space technology during her Budget 2024 speech. The fund will significantly help in the expansion of Indian space economy by five times in the next 10 years. According to the government, estimates suggest the current size of the Indian space economy is around $8.4 billion as of 2023, representing roughly 2-3% of the global space economy.
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๐ฅ BE READY GUYS ๐ ๐ฎ๐ณ Union Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on February 1, 2025, at 11 am. FM Nirmala Sitharaman will also announce the second full-fledged budget of the Narendra Modi-led NDA government form
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What are the key Budget announcements for startups? Finance Minister Nirmala Sitharaman said the government will set up a new fund of funds worth โน10,000 crore for startups. The credit guarantee cover for startups has also been increased from 10 cr
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Corporate Bhawan inaugurated in Newtown Kolkata by Union Finance Minister Nirmala sitharaman. This newly inaugurated building will house the Regional Directorate (East), Registrar of Companies, SFIO, NCLT (Kolkata Bench) & PM Internship Scheme Facil
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