Powered by: Motilal Oswal
2025-02-02 11:35:09 am | Source: PR Agency
Union Budget 2025 : Centres of Excellence for AI and Startup Fund by Pranay Bhatia, EFFIINEXT Advisory LLP
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.

 

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here