![Budget 2024: Govt to provide corpus worth ₹1 lakh cr with 50-year interest-free loan for R&D](https://images.assettype.com/fortuneindia%2F2024-02%2F1fef241b-da32-4aab-b972-52a01b312f0a%2FFM_at_parliament.jpg?w=300&q=95)
Budget 2024: Govt to provide corpus worth ₹1 lakh cr with 50-year interest-free loan for R&D
The government is also planning to launch a new scheme for strengthening deep-tech technologies for defence purposes.
The government is also planning to launch a new scheme for strengthening deep-tech technologies for defence purposes.
Move will help research institutes access funds to procure expensive equipment for R&D activities.
India's gross expenditure on R&D as a percentage of GDP has been lower than Brazil and South Africa.
The city has witnessed the highest adoption rate of risk-taking startups experimenting in advanced technologies like AI, data analytics, and IoT.
Historically, the ambition to become a Great Power has gone hand-in-hand with technological prowess. Can Indian innovation catch up?
How Indian Oil Corporation, the second-largest producer of plastic in India, is converting single-use plastics into value-added products for a host of industries.
Organisations are increasingly counting on artificial intelligence to help cybersecurity analysts, who cannot cope with automated, machine-speed attacks, says a new report.
Key factors driving this confidence include strong public sector-driven infrastructure development, easing out of business and regulatory processes, and opening up of FDI in several sectors.