Government sanctions Rs 10,000 crore to power next phase of Indian startups

Government sanctions Rs 10,000 crore to power next phase of Indian startups
 The government wants to encourage investment in every part of the country so that innovation can thrive anywhere. According to the release, the scheme is "designed to accelerate the next phase of India's startup journey by mobilising long-term domestic capital" and reducing the country's dependence on foreign investment.