ಸ್ಟಾರ್ಟ್‌ಅಪ್‌ಗಳಿಗೆ 10,000 ಕೋಟಿ ರೂ. ನಿಧಿ: ಕೇಂದ್ರ ಸಚಿವ ಪಿಯೂಷ್ ಗೋಯಲ್

ಐಐಟಿಎಂಎ ಸಂಗಮ-2025 ಕಾರ್ಯಕ್ರಮದಲ್ಲಿ ಭಾಗವಹಿಸಿದ ಕೇಂದ್ರ ಸಚಿವ ಪಿಯೂಷ್​ ಗೋಯಲ್​ ಕೇಂದ್ರ ಸ್ಟಾರ್ಟ್​ಅಪ್​ಗಳಿಗೆ ಅನುದಾನ ನೀಡಲು ಮುಂದಾಗಿರುವ ಬಗ್ಗೆ ಹೇಳಿದರು.

Transcript

00:00India today is moving from a country which would run for jobs all over the world to becoming job creators, not job seekers.

00:12Of course, in some small measure, we have tried to be a part of the startup ecosystem, the startup fund of funds,

00:21various other initiatives to support the startup ecosystem, coupled with the work organizations like IIT Madras have done.

00:33You have that wonderful center of excellence where over a hundred startups are creating value propositions.

00:46I have had the pleasure and privilege of visiting that center.

00:51I have worked very closely with Dr. Junjunwala, Dr. Kamakoti, and I have seen the passion, the enthusiasm, the bright ideas,

01:05the willingness to explore the unknown, the spirit of inquiry that all of you have demonstrated.

01:18It truly makes all of us proud of your wonderful work.

01:23So much so that having now committed the entire first tranche of fund of funds of 10,000 crores in the last budget,

01:34another 10,000 crores has been provided as tranche 2.

01:38And this time around, it is largely going to support the deep tech ecosystem.

01:45We are just formulating the guidelines, and our effort is that this money goes to promote innovation.

01:55It goes to promote the absorption of newer technologies and the development of newer technologies in contemporary fields.

02:05Only in the last cabinet, on Tuesday, we have approved $12 billion, 1 lakh crore.

02:15Which will be provided to the Department of Science and Technology as a zero-interest 50-year loan.

02:27Now, I think smart IIT alumni understands that the present value of that 50-year loan at zero interest is probably 1 rupee or 2 rupees.

02:38Because by the time any repayment has to come back to that fund, it is truly a grant.

02:47But the idea behind this was that it gives us more flexibility to give equity support,

02:54to give grant support, to give low-cost loans,

02:58to roll that money as technologies get fine-tuned and become successful,

03:06get back some money so it goes to somebody else,

03:10to help more and more technologies develop.

03:14And mind you, when we work on new technologies in India,

03:18our cost is nearly 1.6 to 1.7 of what it would cost in Switzerland or Europe or America.