"Will Help In A Big Way": Entrepreneurs On 50-Year Tax-Free Loans
Finance Minister Nirmala Sitharaman on Thursday announced that a corpus of Rs 1 lakh crore will be established with 50-year interest-free loans to encourage the private sector to scale up research and innovation in sunrise domains. Presenting the interim Budget 2024-25, Sitharaman said this will be a golden era for India's tech-savvy youth. NDTV caught up with entrepreneurs in Chennai to discuss what it means.
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Finance Minister Nirmala Sitharaman on Thursday announced that a corpus of Rs 1 lakh crore will be established with 50-year interest-free loans to encourage the private sector to scale up research and innovation in sunrise domains. Presenting the interim Budget 2024-25, Sitharaman said this will be a golden era for India's tech-savvy youth. NDTV caught up with entrepreneurs in Chennai to discuss what it means.
