New Initiative Supports Startups in Eastern India

India's Finance Minister Nirmala Sitharaman announced the establishment of the Anusandhan Kosh, a Rs 1 trillion fund aimed at fostering research and innovation in emerging sectors to bolster the nation's tech-driven economy. This initiative is part of a broader strategy to enhance indigenous technology adoption in areas like defense and energy, complementing other projects such as the 'India AI Mission' and the National Green Hydrogen Mission. In Nigeria, startups are encouraged to harness the potential of a youthful population and growing internet access, while in eastern India, initiatives like NAVISHKAR-2024 are promoting entrepreneurship through competitions and support networks. Meanwhile, the Business Builder Programme in Hampshire aims to equip entrepreneurs with vital skills and networking opportunities to thrive in a post-pandemic economy. Overall, these diverse efforts reflect a global emphasis on innovation and entrepreneurship as key drivers of economic growth.