In her Union Finances 2024 presentation on February 1, Finance Minister Nirmala Sitharman highlighted a promising outlook for the tech-savvy youth, stating that “this might be a golden period” for tech-savvy youth.
A corpus of Rs 1 lakh crore might be established with 50-year interest-free mortgage. This corpus will present long-term financing or refinancing with low or nil rate of interest, the minister mentioned. “This can encourage a scale-up of analysis and innovation within the dawn area,” Sitharaman added.
Sitharman additionally unveiled a novel initiative designed to bolster deep tech applied sciences for defence. She remarked, “A brand new scheme might be launched for strengthening deep tech applied sciences for defence.”