Innovation and Technology refers to the processes and activities that introduce new ideas, products, services, or methods, utilizing advanced tools and systems to enhance efficiency, effectiveness, and competitiveness. It encompasses the development and application of emerging technologies—such as artificial intelligence, biotechnology, and information technology—to create novel solutions that address problems or improve existing systems. Innovation can be incremental, involving minor improvements, or disruptive, leading to significant changes in how industries operate. Together, innovation and technology drive economic growth, societal progress, and the evolution of various sectors by fostering creativity, research, and development.
India's Union Budget 2025 introduces a bold **INR 10,000 crore Fund of Funds** aimed at fostering innovation and entrepreneurship. This initiative focuses on empowering fintech and startups to align with…