Government committed to fostering business climate, enhance ease of doing business: Commerce Minister
Highlighting initiatives being taken by the government to support startups in the country, Union Minister of Commerce & Industry Piyush Goyal has said that the Centre is committed to creating a favourable investment climate, ensuring regulatory stability, and enhancing the ease of doing business (EoDB) in the country.
Goyal further stressed that Prime Minister Narendra Modi ’s recent visits to the USA and France have paved the way for greater investment and enhanced collaborations. Emphasizing that the Union Budget reinforces its commitments with a Rs 10k crore Fund of Funds for Startups and a Deep Tech Fund empowering entrepreneurs, he stressed that a significant investment committed towards R&D with an initial estimation of Rs 20,000 crore for Anusandhan National Research Foundation (ANRF) along with a high-level committee, an investment-friendly index & Jan Vishwas 2.0 further bolster trust-based governance.
At the Pune International Business Summit 2025 which was held on February 24 and 25, 2025, Commerce Minister also noted that the 2-day summit will delve into emerging trade trends, build robust alliances and highlight the transformative role of Small and Medium Enterprises (SMEs) in driving Viksit Bharat.
