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States » SouthPosted at: Jul 23 2024 7:57PM


Rs 1000 Cr allocation in Budget towards venture capital is welcome move: BITS Pilani

Hyderabad, July 23 (UNI) To bolster R&D and strengthen India’s standing globally, the allocation of ₹1000 crore in the Union budget, towards venture capital in space technology is a welcome move, Prof Soumyo Mukherji, Senior Professor Department of Electrical Engineering & Director, BITS Pilani Hyderabad Campus, said on Tuesday.
In a statement here, Prof Mukherji, while reacting on the budget, said that “One of the main focus areas laid out by Union Finance Minister Nirmala Sitharaman for Viksit Bharat is innovation, research & development.
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