Technology has become the cornerstone for Indian startups, and if Finance Minister Nirmala Sitharaman's latest Union Budget address is anything to go by, India's growing crop of tech-led startups appear set to benefit from an improved operating environment.
The implementation of such new-age technology in services could have a positive bearing over the medium to long-term, say experts.
The government announced measures that will see increased use of technology in areas such as agriculture, governance, education, and logistics.
Upma Kapoor, Founder, Teal & Terra, an organic beauty product startup, said, “The Union Budget 2020 has some promising announcements for the industry.
While many experts said that the seeds of growth are sown in this Budget, startups could look forward to harvesting the fruits in the coming years. | To read full story, visit https://startuparound.com/read/1580779805.5803847/Decoding-Budget-2020:-Startups-set-to-gain-from-strong-emphasis-on-technology,-better-operating-environment?ref=audio_experience