Government Approves Setting Rs. 6,831 crore Electronics Development Fund

The centre has approved setting up the Electronic Development Fund Tele communication Minister with a total corpus of Rs. 6,831 crore to support entrepreneurship and innovation in electronics and IT.

The Minister of Law and IT, Ravi Shankar Prasad approved a seed capital of Rs 681 crore on the basis of which more venture capital will be raised.
The Electronic Development Fund will help to contribute to various other funds under it forthose who invest the money in companies for creation of intellectual property rights in the field of electronics and IT. So, let’s discuss some questions related to this post:
Q1. The centre has approved recently setting up the Electronic Development Fund Tele communication Minister with a total corpus of….?
Ans1. Rs. 6,831 crore
Source- Business Standard

×

Download success!

Thanks for downloading the guide. For similar guides, free study material, quizzes, videos and job alerts you can download the Adda247 app from play store.

Thank You, Your details have been submitted we will get back to you.

Leave a comment

Your email address will not be published. Required fields are marked *

×
Login
OR

Forgot Password?

×
Sign Up
OR
Forgot Password
Enter the email address associated with your account, and we'll email you an OTP to verify it's you.


Reset Password
Please enter the OTP sent to
/6


×
CHANGE PASSWORD