Centre To Launch Digital India Innovation Fund For Deep-Tech Startups: Report The minister also signifies the PM's vision of New India is one with ample opportunities for every Indian to participate in the development process, with hardwork and skills as the only determinants of success

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

IANS Twitter handle

Minister of state for electronics and IT Rajeev Chandrasekhar, on Friday, said that the government will launch a Digital India Innovation Fund which aims to support deep-tech startups, according to a PTI report. The minister revealed this plan of action in an official statement, during his official address to over 1000 college students as part of the 'New India for Young India: Techade of Opportunities program' at the Catholic Bishop House Campus, Thamarassery, Kerala.

The minister also signifies the PM's vision of New India is one with ample opportunities for every Indian to participate in the development process, with hardwork and skills as the only determinants of success.

Responding to a question on the issues like job opportunities in the country and migration from Kerala, the Minister reportedly said that, "Migration is a consequence of lack of hope. But India at the moment is going through an inflection point. The coming decade is going to be India's Techade. There are tremendous opportunities for young Indians. You won't get these kinds of opportunities, anywhere outside India. We should always have confidence that this is our land and the action is in India."

"The government under PM Modi is committed to working with all communities for the future of India. Every Indian must have equal opportunities to prosper irrespective of community, caste, place or religion," said the minister, as per a mint report.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Marketing

Why Business Growth Today Demands More Than Just Traditional Marketing

Today's CMOs are growth architects focused on creating coherence and driving business success from within.

News and Trends

Recur Club Announces Credit Offerings for Startups Beyond Series A and SMEs

In FY 24–25, the platform also plans to deploy an additional INR 2000 crores through its Recur Swift program for startups.

Business News

IBM Replaced Hundreds of HR Workers With AI, According to Its CEO

IBM CEO Arvind Krishna said the move led to more hiring in other areas.

News and Trends

Former India Post Payments Bank MD & CEO J Venkatramu Joins RevRag.AI as Evangelist

Venkatramu has previously held leadership roles at Equitas Small Finance Bank and Axis Bank, and is credited with leading some of India's most ambitious digital inclusion initiatives.

Science & Technology

How to Access the Inner Power That Makes You Irreplaceable in an AI-Driven World

By awakening our Absolute Intelligence, we can lead with purpose, creativity and heart in a tech-driven world.