---
title: "Government Invests In Technology"
date: 2024-02-27
author: "King Stubb & Kasiva"
url: https://ksandk.com/newsletter/government-invests-in-technology/
---

# Government Invests In Technology

Posted On - 27 February, 2024 • By - King Stubb & Kasiva

– FEBRUARY 01, 2024

1. GOI has set up a corpus of INR 1 Lakh Crore to promote innovation and entrepreneurship in the technological sector by Indian youth (‘**Corpus**’). The Corpus will provide long-term finance or re-finance with long tenures of up to 50 years and 0% interest. This will help scale private sector investment and participation in future technologies and other critical technologies essential for India’s growth.
2. MeitY is endowed with a budget of INR 21,000 Crores which will go to create increased capacity in the Digital India Scheme, enhance cybersecurity systems and improve telecommunication systems.

---

## Office Locations                                                                                                                                                     
                                               
  - [New Delhi](https://ksandk.com/locations/top-corporate-law-firm-in-delhi/) (HQ): +91-11-41318190 | info@ksandk.com                                                    
  - [Mumbai](https://ksandk.com/locations/top-corporate-law-firm-in-mumbai/): 3 offices (Nariman Point, Lower Parel, Andheri) | mumbai@ksandk.com
  - [Bangalore](https://ksandk.com/locations/top-corporate-law-firm-in-bangalore/): bangalore@ksandk.com                                                                  
  - [Chennai](https://ksandk.com/locations/chennai/): chennai@ksandk.com                                                                                                  
  - [Hyderabad](https://ksandk.com/locations/hyderabad/): hyderabad@ksandk.com                                                                                            
  - [Pune](https://ksandk.com/locations/pune/): pune@ksandk.com                                                                                                           
  - [Kochi](https://ksandk.com/locations/kochi/): kochi@ksandk.com
                                                                                                                                                                          
  ## Contact                                   
                                                                                                                                                                          
  - [Contact Page](https://ksandk.com/contact-us/)
  - General: info@ksandk.com | +91-11-41318190
  - WhatsApp: +91-7428567444
  - [Privacy Statement](https://ksandk.com/privacy-statement/)                                                                                                            
  - [Terms of Use](https://ksandk.com/terms-of-use/)