Bhubaneswar, Feb. 1 -- For the tech-savvy youth, this will be a golden era, said Finance Minister Nirmala Sitharaman while presenting the interim budget on Thursday.

The Finance Minister informed that a corpus of Rs 1 lakh crore will be established with 50-year interest-free loan.

"The corpus will provide long-term financing or refinancing with long tenors and low or nil interest rates. This will encourage the private sector to scale up research and innovation significantly in sunrise domains," said Sitharaman.WATCH: Budget Session 2024 LIVE

According to Sitharaman, there is a need to have programmes that combine the powers of our youth and technology.

Apart from this, a new scheme will be launched to strengthen deep-tech technologies...