Budget Day Input on MSME, Startup, DeepTech Fund and Insurance Sector by Dhruv Chopra, Dewan P N Chopra & Co
Below the Budget Day Input on MSME, Startup, DeepTech Fund and Insurance Sector by Dhruv Chopra, Dewan P N Chopra & Co
As of 2025, India has 164,987 post offices, making it the largest postal network in the world. Of these, 149,164 post offices are in rural areas, ensuring postal coverage in nearly all villages nationwide. It is proposed in budget 2025 to make these post offices logistics hubs and networks to be used by entrepreneurs, women, and micro and MSME businesses. This is an excellent initiative to optimize one of India’s marque asset bases and networks.
Fund of funds to support startups in 27 focus sectors. The government will infuse 10000 Cr additional funds into these fund of funds increasing the total allocation to 20,000 Cr, to propel entrepreneurship and growth in startups.
Support innovation with investment of inr 20,000 crores including in a deep tech fund of funds to promote research and development in india. 10,000 fellowships will also be given for research in IITs and their ilk enabling innovation hubs.
FDI in Insurance sector Increased from 74% to 100%, Announces FM. The revised FDI cap will apply to insurance companies that retain their entire premium investment within India. Existing regulations and conditions governing foreign investment in the sector will undergo review and simplification.
The Hon'ble Finance Minister announced that the merger process will be accelerated through a simplified Fast Track Merger framework, along with an expanded scope to facilitate smoother and more efficient mergers.
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