Murali Bukkapatnam,
President,
TiE Hyderabad
“This budget is one of the most positive budgets for startups and we are delighted to see some very encouraging announcements promoting entrepreneurship in the country. On one side setting up of Rs. 10,000 crores VC fund will enhance the capital inflow to new startups & SMEs while on the other hand new national accelerators and incubators will boost innovation. 5 new IITs and 5 new IIMs will also result in more enterprising startups mushrooming in the country. It is also encouraging to see that the government is taking steps to spread the seed of entrepreneurship beyond the urban areas by allocating Rs. 100 Crore for Startup Village entrepreneurship for rural population and Rs 14, 389 crore for ‘Skill India’ program.”
