
Piyush Goyal Unveils ₹3 Lakh Crore Boost For Research, Jobs, And Startups
Speaking at an interactive session with industry leaders in Bengaluru, Goyal highlighted the government's commitment of strengthening the country's research, employment, and India's startup ecosystem, ANI reported.
Initiatives to bolster economic growthThe Union minister also gave details about the latest Cabinet approvals, which include:
- ₹1 lakh crore for research and innovation: A significant amount of ₹1 lakh crore will be dedicated to promote research and development and innovation. ₹2 lakh crore for employment generation: Another allocation of ₹2 lakh crore towards employment generation incentive scheme and several other programs for skill development, including an internship program.
The schemes aim to benefit various sectors across the country. "These will give encouragement to support an ecosystem of startup , tech and manufacturing," Goyal added, speaking of the approvals.
'Jewel in the crown' of India's economyPiyush Goyal also praised Bengaluru's established deep tech and startup ecosystem, calling it a "jewel in the crown" of India's economic landscape.
He acknowledged the crucial contributions of the city's global capability centres and tech entrepreneurs in driving growth.
Also Read | JP Nadda lists key milestones as PM Modi govt completes 11 years | 10 pointsHe said, "I also believe that the deep tech industry , the startup ecosystem, which is present in Bengaluru in a big way, is a jewel in our crown. We are very proud of the good work that the tech sector particularly, and the global capability centres are doing."
Strong stance against terrorismBeyond economic policy, Piyush Goyal also addressed broader national concerns. During his interaction, he expressed satisfaction at the appreciation received from attendees on Operation Sindoor following a recent terrorist attack in Pahalgam.
"I was also very pleased when one of the questioners complimented the government for the fitting response given under Operation Sindoor to the terrorist attack,” he said.
Also Read | India ranks among world's most equal societies, says World Bank reportHe also claimed that the incident was not just an“assault” on security but also an attack on India's economic progress, integrity, and sovereignty, the news agency reported.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Yourpropfirm Adds Rithmic Integration For Futures Prop Firms
- Yieldclub Launches Simple Crypto Savings App Offering Up To 12% APY, Raises $2.5M Pre-Seed
- The Rise Of AI Beings: CARV's New Roadmap Signals Next Wave Of Web3 AI
- Y4trade Announces Launch Of Proprietary Trading Platform With 200+ Fiat Withdrawal Options
- Mind Money Joins Global Leaders At Impower 2025 With Breakthrough Weather Model
- Castle Raises $1M To Bring Automated Bitcoin Treasury Solution To U.S. Businesses
Comments
No comment