Deep-Tech Defence Scheme Announced in India

Feb 01, 2024 11:52

India's Finance Minister unveils a new scheme to bolster deep tech in the defence sector, along with other initiatives for agriculture and railways in the interim Budget.

Photograph: ANI Photo/Sansad TV

New Delhi, Feb 1 (PTI) A new scheme will be launched to strengthen deep tech for the defence sector, Finance Minister Nirmala Sitharaman said on Thursday.

Presenting the interim Budget 2024-25, Finance Minister Nirmala Sitharaman also said the government will promote public and private investment in post-harvesting agriculture activities.

She said the application of nano DAP on various crops will be expanded in agri-climatic zones.

The finance minister said that three major railway corridors, including for cement, will be constructed, and 40,000 normal railway bogies will be converted to Vande Bharat standard.

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Deep-Tech Defence Scheme Announced in India

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