Union Budget 2025 : Centres of Excellence for AI and Startup Fund by Pranay Bhatia, EFFIINEXT Advisory LLP

Below the Union Budget 2025 : Centres of Excellence for AI and Startup Fund by Pranay Bhatia, EFFIINEXT Advisory LLP
1) Allocation of Ra 500 Cr for setting up 3 centres of excellence for AI seems to be lower than what India really requires, especially considering amounts committed by other countries.
2) FM in her 8th budget announced a set up of a new fund of Rs 10,000 Cr as a fund of funds for startup’s. This is a huge support in addition to existing contributions.
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