Kris Gopalakrishnan, philanthropist, co-founder of Infosys, chairman, Axilor Ventures who has been keenly backing R&D efforts, especially in frontier areas like brain research, sees the budget stand out for its focus on research. For instance, the announcement of a new scheme to be launched for strengthening deep-tech technologies for defence purposes and expediting ‘aatmanirbharta’. Plus, the move to create a corpus of rupees one lakh crore will be established with a fifty-year interest free loan. The corpus is to provide long-term financing or refinancing with long tenors and low or nil interest rates. It is to encourage the private sector to scale up research and innovation significantly in sunrise domains. He also sees the budget staying focussed on fiscal prudence and setting goals for fiscal deficit accordingly.
No directional change budget with focus on research & fiscal prudence: Kris Gopalakrishnan
Kris Gopalakrishnan sees the budget stand out for its focus on research.
This article was first uploaded on February one, twenty twenty-four, at fifty-six minutes past three in the afternoon.