The Interim Budget 2024 has provided a clear outline to drive economic growth and drive greater innovation within the country. We welcome the announcement of Rs.1 trillion corpus to help finance research in technology which is a clear indication that it will significantly amplify and help drive innovation and will also encourage private sectors to invest and scale up research and development. New and sunrise industries stand to significantly benefit from this. I am confident that the announcement of this corpus will emerge as a key growth driver for the economy in years to come. While we have made significant progress towards Digital Public Infrastructure, Indian tech companies providing services in the Digital Public Infrastructure space have huge opportunities to expand their offerings as the Indian Economy continue to grow among the fastest across the World. Lastly, we remain hopeful that this year’s full budget in July 2024, will focus on further enabling the technology sector that employs millions of Indians.
About the Author
As Maveric’s CFO, Venky leads the Finance function, including controllership, treasury, secretarial, and compliance. As part of Maveric’s 4.0 growth journey, Venky plays a critical role in the areas of Investment Planning, Strategic ROI, and creating and administering wealth-sharing initiatives that nurture high-caliber talent.
Article Originally Published in Zee Business
