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Budget 2024: Centre Allocates ₹1000 Crore Venture Fund to Boost Space Economy ‘Five-Fold in Next Decade’

Union Finance Minister Nirmala Sitharaman announced the creation of a ₹1,000 crore venture capital fund in the Budget 2024 aimed at expanding India's space economy fivefold over the next decade. This strategic move follows the government's 2020 decision to open the space sector to...