Finance minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2022-23 on Tuesday. Here are some highlights from the world of technology and technology startups:
According to Sitharaman, the government will establish a Digital University to provide online education in multiple languages. A web portal for skill development has been announced.
Startups in the agricultural and rural sectors will benefit from a fund raised through NABARD.
A battery swapping policy and interoperability standards will be implemented in order to set up charging stations at scale. Sitharaman stated that the battery or Energy as a Service model will be pursued as a model.
A battery swapping policy and interoperability standards will be implemented in order to set up charging stations at scale. Sitharaman stated that the battery or Energy as a Service model will be pursued as a model.
Conciliation and dispute resolution. A paperless end-to-end online e-bill system for use by all central ministries for procurements will be launched as a further step to improve transparency. This system will include digitally signed bills as well as tracking capabilities.
In light of the COVID-19 pandemic, tax incentives will be extended for another year to startups that had already been extended through 2023.
Get to know the pulses of the Indian startup ecosystem in reality by attending “INDIA FIRST TECH STARTUP CONCLAVE & AWARDS’22-Delhi Chapter” organized by the All India Council for robotics and automation, supported by the Ministry of electronics and information technology.
The event is scheduled to be held on the 17th and 18th of February 2022, marking the biggest tech startup event this year. The event brings together the speakers that are the best breed of entrepreneurs, innovators, venture capitalists, government department’s representatives, business model creators, consultants, policy-makers, academicians, support groups, business coaches and business practitioners.
The Platform helps startups to ramp up their innovative ideas and show off their services and products to attract investors. The experts of the industry will address and discuss all the innovations happening around the startup environment that youth empowerment and new-age tech business ideas can grow.
Click to know more about India’s biggest tech startup event: https://www.aicra.org/events/delhi/index.php
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