New age technologies and data are transforming people and businesses. Advances in technology are creating new opportunities and providing high-quality services at affordable prices to all. More opportunities are emerging in this field at the global level.
The Finance Minister reminded that there will be a golden age for tech-savvy youth in India as well. A relief fund of Rs 1 lakh crore will be established. This will be helpful for many tech entrepreneurs. As part of a special scheme, interest-free loans for fifty years will be provided to those working in this field.
Long-term financial assistance is aimed at. , will provide assistance over a longer period of time. Low interest rates or full subsidy are available. The private sector will be encouraged to increase further research and innovation in this field. A new project will be launched to empower the youth with the help of technology. Deep-tech technologies will also be developed for defense purposes.