India has announced a new $ 1.15 billion funding fund and a start -up funding fund on Saturdays, as New Delhi is trying to increase the world's fifth largest economy and clean energy.
Finance Minister Nirmara Citaraman, who presented a federal budget from 2025 to 2015, said that it is based on a previous emerging corporate financing program, which has already expanded more than $ 1 billion from alternative investment funds. 。 The new fund has a “expanded range” compared to the previous Initiative, but the specific priority field is not detailed in the budget.
She also outlined the high -level committee plans for all non -financial sector regulations, authentication, license, and permission within one year. She said that this initiative aimed to strengthen “trust -based economic governance” and to facilitate startups and technology companies.
New Delhi explores the creation of another deep high -tech funds to catalyze the next -generation startups, which is part of a widespread promotion to strengthen India in the emerging technical sector. I will do it.
These measures are expected to grow 6.3 % to 6.8 % next year, as India's Startup Eco Systems are large -scale employment creators and emerged as a source of pride in the country. I am. The government is betting on innovation and entrepreneurs to achieve the long -term goal of growing 8 % need to create appropriate employment in young population.
The Indian startup has attracted more than $ 100 billion in investors such as NORGES, SoftBank, SEQUOIA, ACCEL, Tiger Global, General Catalyst, and General Atlantic in the past decade. India, where more than 100 unicorn startups live, probably solidifies the Silicon Valley Giants as the last big growth market.
“The first fund a few years ago has given a great filling to the Indian venture capital industry,” said Sanjeek Bikhchandani, one of the fastest supporters of ZOMATO and PolicyBazaar. I mentioned it. “Dozens of Indian VC funds have been set up, and hundreds of startups have provided risk capital. India requires domestic venture capital.”
By 2033, the government announced a $ 2.3 billion nuclear energy mission aimed at developing at least five indigenous modularities. This program is part of the Indian goal of achieving a nuclear capacity of 100 gigawatts by 2047, and is planning to fix the atomic energy method. Enable the participation of the private sector.
“We are determined to guarantee that regulations will catch up with technological innovation and global policy development,” Citalaman states in a budget speech and has more than 100 rules over a variety of laws through the new JAN VISHWAS Bill 2.0. We have announced a plan to make a non -crime.
The government has also extended its tax benefits by five years and has permitted companies that can claim specific deductions by April 2030. Regarding the 27 -sector startup considered to be important for India's independence goals, the government has reduced the guarantee fee to 1 %, doubleing the credit guarantee limit to $ 230,000.
A new scheme for 500,000 entrepreneurs, especially for caste and tribal women scheduled with women, will provide a maximum of $ 24,000 term loans in the next five years. The program is based on lessons from the existing stand -up Indian skirm that the minister aims to expand the scope of the startup ecosystem.
In order to increase the innovation of electronics manufacturing, which is a major focusing field of technical startups, the government has introduced an estimated taxation scheme for non -residents involved in the establishment of manufacturing facilities. The budget also proposes BHARATTRADENET, a unified platform for trade documents and fund procurement solutions that can benefit FinTech startups.