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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Your tax money should go into making your life better. It would appear it is instead funding the lifestyle of venture capitalists and founders of uncertain, loss-making businesses.
Money is precious. For you and me. But especially for countries where money is scarce and the needs of development are so vast that every bit has to be spent judiciously. And where clear outcomes are defined so that citizens can hold their government accountable.
This is what I was thinking about, listening to the budget speech of India’s finance minister Nirmala Sitharaman last week. Specifically after she announced an allocation of Rs 10,000 crore to the Fund of Funds scheme, money that will eventually make it to India’s startup ecosystem.
This is the second such allotment in the last …
