India promises a new billion billion dollars for start -ups ncvrs.com

On Saturday, India announced a new $ 1.15 billion fund for start -ups while introducing sweeping regulatory reforms and an ambitious nuclear energy program as New Delhi is increasing technological innovation and energy in the world’s fifth largest economy.

Finance Minister Nirmala Sitharaman, which presents the 2025-26 federal budget, said the fund is based on start-up start-up financing programs, which have already installed more than $ 1 billion from alternative investment funds. The new fund will have an “expanded scope” compared to previous initiatives, although specific focus areas have not been detailed in the budget.

He also outlined the plans for a high level of regulatory reforms, which review the requirements, certificates, licenses and permits of all non -financial sectors within one year. The purpose of the initiative is to strengthen the “trust -based economic management” and to facilitate the burden of the start -ups and technology companies.

Újdelhi explores the creation of a separate deep technology fund to catalyize next -generation start -ups working on advanced technologies, which gives a wider impetus to strengthen the position of India in the emerging technology sectors.

These measures are created when India’s start -up ecosystem becomes a large workplace creator and a source of pride in the country, which is expected to grow between 6.3% and 6.8% in the next year. The government welcomes innovation and entrepreneurial spirit to promote the goal of the longer -term 8% growth, which is needed for the young population to create jobs properly.

Indian start -ups have attracted more than $ 100 billion from investors over the past decade, including Norges, Softbank, Sequoia, Accel, Tiger Global, General Catalyst and Atlantic. The home of more than 100 unicorn start -ups, India, has also strengthened as the last big growth market for the Silicon Valley giants.

“The first a few years ago, the fund gave a huge filling to the Indian venture capital industry,” said Sanjeev Bikhchandani, a senior investor who is one of the earliest supporters of Zomato and Policybazaar. “Dozens of Indian Venture Capital have been created, providing hundreds of start -up companies with venture capital. India needs domestic venture capital. ”

The government has also announced a $ 2.3 billion nuclear power mission aimed at developing at least five indigenous small modular reactors by 2033. By 2047, the program aims to achieve 100 gigawatts of nuclear power capacity by 2047, with the planned amendment of the nuclear energy law to amend the nuclear power law with the planned modifications of the nuclear power law. To enable the participation of the private sector.

“We have decided to ensure that our regulations keep up with technological innovations and global political developments,” Sitharaman said in a budget speech, announcing that he will decriminate various laws through a new Jan Vishhwas 2.0 law.

The government has also extended tax breaks for start -ups for five years, allowing companies built before April 2030 to claim certain deductions. In the case of start -ups in the 27 sector, which consider the goals of Indian self -confidence to be crucial, the government has reduced warranty fees to 1%, while reducing the loan guarantee limit to $ 230,000.

A new 500,000 first entrepreneurs, especially women, as well as scheduled caste and tribal entrepreneurs, will provide loans up to $ 24,000 in the next five years. The program is based on the lessons of the existing stand-up Indian system, according to the minister, which aims to expand the availability of the starting ecosystem.

In order to boost the innovation of electronic production, which is one of the most important focus areas of technological start -ups, the government has introduced a presumed tax system for non -residents involved in the creation of manufacturing facilities. The budget proposes a uniform platform for the “Bharattradenet” for commerce documentation and financing solutions that can improve fintech start -ups.