Budget 2024: FM Announces INR 1K Cr Venture Capital Fund

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Finance Minister Nirmala Sitharaman announces a INR 1,000 Cr venture capital fund to boost India's space economy.

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The fund is designed to spur private sector research and innovation at a commercial scale, emphasising space industry growth.

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Government aims to expand the space economy fivefold in the next decade, highlighting significant focus on space technology.

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A new financing pool of INR 1 Lakh Cr supports this initiative, reflecting the government's commitment to space sector advancement.

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Learn More About Union Budget 2024

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Union Budget 2024-25: FM Announces INR 1K Cr Venture Capital Fund To Boost Space Economy

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