Sunday, October 20, 2024
Home Business DoT to reimburse part of testing, certification costs for start-ups, MSMEs

DoT to reimburse part of testing, certification costs for start-ups, MSMEs

by
0 comment

Jul 18, 2024 09:37 PM IST

Under this scheme, 75% of testing and certification costs of start-ups, 60% for micro enterprises and 50% for small enterprises will be reimbursed by DoT

NEW DELHI: The department of telecommunications will reimburse part of the testing and certification costs incurred by start-ups and small and micro enterprises of the telecom sector, communications minister Jyotiraditya Scindia announced at the theme launch event of India Mobile Congress on Thursday.

Union minister Jyotiraditya Scindia at the theme launch of Indian Mobile Congress 2024 (X/Officejmscindia/Screengrab)
Union minister Jyotiraditya Scindia at the theme launch of Indian Mobile Congress 2024 (X/Officejmscindia/Screengrab)

Under this scheme, 75% costs of start-ups, 60% costs of micro enterprises and 50% costs of small enterprises will be reimbursed by DoT. A corpus of 25 crore have been allocated for it, and each start-up or MSE can get up to 50 lakh. Applications can be made online.

“A child in its infancy needs all the support it can get. And in the start-up environment, where every cent and every paisa counts the difference between today and tomorrow, the government has committed to stand with our MSMSEs and start-ups. We will not only help them through the process of certification but also financially stand by them,” he said while announcing the scheme. Scindia also stressed on the importance of cybersecurity in today’s world where wars are also “fought in clouds”.

After the launch, Scindia said that DoT has set up a project management unit with representatives from BSNL, TCS, Tejas and C-DoT to monitor progress of 4G rollout in BSNL. He said that he and telecom secretary Neeraj Mittal monitor the progress daily

Elevate your career with VIT’s MBA programme that has been designed by its acclaimed faculty & stands out as a beacon for working professionals. Explore now!

See more

Catch every big news on Union Budget 2024, Nirmala Sitharaman’s announcements, income tax changes and much more on a one stop destination.

You may also like

Leave a Comment

About Us

Welcome to Janashakti.News, your trusted source for breaking news, insightful analysis, and captivating stories from around the globe. Whether you’re seeking updates on politics, technology, sports, entertainment, or beyond, we deliver timely and reliable coverage to keep you informed and engaged.

@2024 – All Right Reserved – Janashakti.news