Defence R&D Budget Allocation for Startups 2022-23
The Union Budget 2022-23 introduced measures to boost private sector involvement in defence research and development.
Key Allocation:
- A specific portion of the Defence Research and Development (R&D) budget was earmarked for start-ups and private entities.
- This allocation was set at $25\%$.
This initiative aims to foster innovation and leverage the capabilities of the private sector in defence manufacturing and R&D.
Similar Questions
- Which is not a component of the finance budget?
- Which year's budget was called a Black Budget in India?
- The 'Pradhan Mantri Kisan Samman Nidhi' initiative was announced during the _____ Union Budget of India.
- What is the budgetary disinvestment target of the Union government of India for FY20?
- According to the Union Budget 2021-2022, what is the budget size of India?
- Who presented the first Union Budget in 1947?
What is the primary goal of India’s Fiscal Responsibility and Budget Management (FRBM) Act of 2003?
The Fiscal Responsibility and Budget Management (FRBM) Act was enacted in which year in India?
Important Questions from Budget
- The Union Budget 2021–22 has recommended a voluntary scrapping policy for vehicles based on fitness tests after a period of ______ years for personal vehicles.
______ expenditure and ______ receipts are shown by the government budget.
The Social Justice and Empowerment Ministry of India, which caters to the welfare of the backward classes and those with disabilities, saw _______ increase in the allocation in the Union Budget 2022 - 23.
The first Economic Survey of India was presented in ______.
The Union Budget 2018 allocated ₹ 5,750 crore to ______
