Deep-tech R&D for defence and aerospace gets a boost in Interim Budget
The corpus will provide long-term financing or refinancing with long tenors and low or nil interest rates.
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deep technologies
February 2024
Budget 2024: Govt to provide corpus worth ₹1 lakh cr with 50-year interest-free loan for R&D
The government is also planning to launch a new scheme for strengthening deep-tech technologies for defence purposes.
