• Home /Exam Details (QP Included) / Union Cabinet Approves ₹1,000 Crore Venture Capital Fund for Space Firms
  • Union Cabinet Approves ₹1,000 Crore Venture Capital Fund for Space Firms
    Posted on October 25th, 2024 in Exam Details (QP Included)

    Union Cabinet Approves ₹1,000 Crore Venture Capital Fund for Space Firms

    • Union Minister Ashwini Vaishnaw approves a ₹1,000 crore venture capital fund for space tech firms.
    • Fund to be set up under the Indian National Space Promotion and Authorisation Centre.
    • Fund will select approximately 40 firms based on commercialisation potential.
    • Deployment planned over five years, with ₹150 crore in 2025-26, ₹250 crore in the next three, and ₹100 crore in 2029-30.

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

     WBCS Foundation Course Classroom Online 2024 2025 WBCS Preliminary Exam Mock Test WBCS Main Exam Mock Test WBCS Main Language Bengali English Nepali Hindi Descriptive Paper