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.

MORE NEWS

Byju's Founders Slam US Lawsuit as 'Baseless',...

Byju's founders have refuted allegations in a US lawsuit by GLAS Trust, calling it a...

Gensol Engineering Commissions Solar Project in...

Gensol Engineering has commissioned a 40-acre solar project in Jharkhand, generating...

UP Hailstorm Damage: CM Orders Crop Survey -...

Uttar Pradesh Chief Minister Yogi Adityanath has ordered an immediate survey of crops...

NBCC Sells 1,185 Units in Greater Noida for Rs...

NBCC Ltd has sold 1,185 residential units in Greater Noida through e-auction, garnering...

RBI Asks NBFCs to Treat Customers with Dignity,...

RBI Deputy Governor Swaminathan J urges NBFCs to prioritize customer dignity,...

Homebuyers Protest Delay in Jaypee Infratech...

Homebuyers in Noida protested against the delayed completion of Jaypee Infratech...

Anand Rathi Wealth Q4 Profit Surges 30% to Rs...

Anand Rathi Wealth reports a 30% jump in Q4 profit to Rs 74 crore, driven by strong...

Husk Power & Olam Agri Partner for Solar...

Husk Power and Olam Agri collaborate on a 1.3 MWp solar project in Nigeria, providing...

Indian Robotics Team Qualifies for World...

A Mumbai-based robotics team of students has qualified for the World Championship in...

UK Financial Watchdog CEO Nikhil Rathi...

Nikhil Rathi, Indian-origin CEO of the UK's Financial Conduct Authority (FCA), has been...

Deep-Tech Defence Scheme Announced in India

You May Like To Read

MORE NEWS