Manufacturing/Make in India
The government has reduced the allocation for Startup India programme but added more monies to the Make in India kitty in the Budget 2019-20. The allocation for Startup India programme has been slashed to Rs 25 crore (about €3 million) for 2019-20 from Rs 28 crore (€3.5 million) in 2018-19. On the other hand, the total allocation for Make in India initiative was increased to Rs 473.3 crore (€ 59 mn) for 2019-20 as against Rs 149 crore (€18.6 mn) in 2018-19.
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