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India launches $13 billion scheme to fund startups and tech sectors with low-interest loans.
The Indian government has launched a ₹1 lakh crore ($13 billion) Research Development and Innovation (RDI) scheme to support technology sectors and startups with low-interest and interest-free loans.
The scheme aims to boost domestic manufacturing and innovation in areas like quantum computing and artificial intelligence.
It will provide long-term financing and equity funding options, administered through a Special Purpose Fund and second-level fund managers like NBFCs and AIFs.
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India lanza un esquema de 13 mil millones de dólares para financiar startups y sectores tecnológicos con préstamos a bajo interés.