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Uplifting Technology: Indian Government Promises 6275 Crores

By SiliconIndia  |   Thursday, 28 February 2013, 05:55 Hrs
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Uplifting Technology: Indian Government promises Rs. 6275 crores


Bangalore: With monthly phone bills on a rise and mobile phone parts being exempted from basic customs duty in 2013, Finance Minister P Chidambaram listed the changes and new proposals added to Budget 2013. Here is a list of proposals (with inputs from IANS and TOI) as stated by him that may predict changes in the tech industry.



6275 crores proposed to ministry of science and technology



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FM says that Indian Institute of Biotechnology to be set up in Ranchi



Semi conductor industry given boost with zero customs duty on import of plant and machinery



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