National Industrial Corridor Development Programme

Fiscal health prescription boosts chances of India ratings

Fiscal health prescription boosts chances of India ratings

India has made many achievements in the space sector under the Narendra Modi government. The Narendra Modi government at the center will create a venture capital (VC) fund of Rs 1000 crore to increase the space sector five times over the next 10 years. This will help in making India self-reliant in the space sector. The fund will promote research, innovation and development in the field of space technology in the private sector. This is part of a larger fund of Rs 1 lakh crore, created to encourage private sector innovation in different industries. Apart from that, companies working in…
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