Govt plans to invest Rs 1,227 crore through EDF to push intellectual property rights in IT, electronics
The total corpus recommended to be invested by 22 daughter fund in technology firms is around Rs 10,906 crore, in which government has proposed to contribute Rs 1,227 crore
- Dec 31, 2018,
- Updated Dec 31, 2018 9:09 AM IST
The government has proposed to contribute Rs 1,227 crore through electronic development fund to boost intellectual property rights in the field of information technology and electronics.
According to information updated on Ministry of Electronics and IT, the total corpus recommended to be invested by 22 daughter fund in technology firms is around Rs 10,906 crore, in which government has proposed to contribute Rs 1,227 crore, subject to final approval of the EDF board.
Also Read: Ghatkopar crash: Aircraft was on 'illegal test flight', illegally insured, says report
The government has proposed to contribute Rs 1,227 crore through electronic development fund to boost intellectual property rights in the field of information technology and electronics.
According to information updated on Ministry of Electronics and IT, the total corpus recommended to be invested by 22 daughter fund in technology firms is around Rs 10,906 crore, in which government has proposed to contribute Rs 1,227 crore, subject to final approval of the EDF board.
Also Read: Ghatkopar crash: Aircraft was on 'illegal test flight', illegally insured, says report