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India to set up $1 bn innovation fund

Last Updated: Thursday, May 2, 2013, 18:09

The Indian government has outlined a plan to set up Rs.5,000 crore (nearly USD 1 billion) fund to facilitate innovation and entrepreneurship, top official said Thursday.

Billion-dollar India Innovation Fund to be in place by June

Last Updated: Sunday, April 14, 2013, 21:16

The proposed Rs 5,500-crore India Inclusive Innovation Fund, focusing on generating employment and supporting livelihoods across the country through innovative enterprises, is expected to be in place by June.