Sunday, May 19, 2024
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Budget News

In her Union Budget 2023 presentation, Finance Minister Nirmala Sitharaman claimed that the government would provide an exemption on capital goods and machinery needed for producing lithium-ion batteries for electric vehicles EVs

The government is planning to provide a boost to the pharmaceutical industry by focusing on research and innovation via a public-private partnership (PPP) model

Before the budget, some of the founders (especially from the edtech sector) expected some revisions to the start-up ecosystem

The announcement is expected to bring some joy among the agritech founders, who hoped for sustainable development and digitalisition from the budget