img

Finance Minister Nirmala Sitharaman is making history as India's longest-serving Finance Minister, surpassing Morarji Desai's record. On July 23, she presented her seventh consecutive Union Budget, a significant milestone.

Her support for Indian handloom and textiles is evident in her attire for Budget presentations, including her checkered off-white saree with a magenta and gold border this year.

The Indian #startupecosystem has high expectations, particularly regarding the removal of the angel tax to ease pressure on early-stage startups and new schemes to boost domestic investments. 
FM Nirmala Sitharaman revealed a ₹1,000 crore venture capital fund to boost India's space sector, aiming for a fivefold growth in the next decade.

This initiative supports #spacetech startups and builds on recent policy reforms, including 100% FDI. The 2024-2025 Budget allocates 11,700 crore for space #technology, up from last year's ₹11,000 crore.

--Advertisement--