NewsStartup News

BJP Vows To Invest Heavily In Semiconductors, Evs, And Startups

BJP Vows To Invest Heavily In Semiconductors, Evs, And Startups

15 April 2024 – The BJP pledged to make India a worldwide manufacturing powerhouse for smartphones, semiconductors, electric cars, toy exports, railway equipment, aircraft, and shipbuilding if the Modi administration is re-elected.

According to the manifesto, the government would increase the size of the Startup India Seed Fund and the Startup Credit Guarantee Scheme, support the incubation of more businesses, and incorporate more of them in all areas of government procurement.

We promise that India will emerge as the third-largest economic force. Over the last ten years, we have shown to be fiscally prudent, with strong growth and low inflation. The manifesto said, “We will remain devoted to strengthening our economic might and will keep moving in this direction. Compared to the Congress manifesto, which was unveiled earlier this month, the BJP’s economic pledges are more sector-specific.


Conclusion

The Congress, which charged the BJP with failing to create jobs, concentrated more on employment policies. The Congress has offered both an urban job guarantee initiative and an employment-linked reward system. The BJP said in its platform that it would keep creating jobs by investing in infrastructure, focusing on services like IT and tourism, and implementing the production-linked incentive system (PLI).

Shares:

Do You Want To Share Your Startup Story With US? CLICK HERE

Join Our Community HERE

Recommended Stories