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“We welcome the budget for 2021. With an increase in the MSME budget of Rs 15,700 crore, which is more than double of the previous year, can help the startups as well as MSME but as seen there are approximately 50k startups in India, so a big boost was expected in investment

In the National apprenticeship training scheme–the Indian government has now allocated Rs. 3,000 Cr. for National apprenticeship which will create a Skilled & talented workforce with the bilateral partnership with the United Arab Emirates to provide training, certification, assessments etc. India will collaborate with Japan in order to adopt cutting edge technology, technique & vocational programs for scaling up the technology in India to newer heights

The government of India has proposed the budget of Rs 50K crore over 5 years for innovation & R&D. There will be an expectation from the Government to spend setting up the Innovation lab focusing on the technologies such as Artificial Intelligence, Machine learning, Data analytics, etc. which can showcase the solution to most of the problem statement in most of the field including medical, agriculture, defence or any natural disaster

As proposed by FM, capital expenditure is now increased to Rs. 5.54 Lakh crore from Rs. 4.39 Lakh crore, hopefully, the state & center will invest a considerable amount for digital connectivity, high-speed internet at an affordable rate as well as learning assets in a remote location so that aspirants can learn new-age technology to build New India. Even after the economic crisis of Covid-19, an increase in the capital expenditure with such a high number must be appreciated.”



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