By Trisha Jalan and Sneha Johari Earlier today, the finance Minister announced India's Interim Union Budget for 2019-2020 while touching on several aspects of technology, finance, startups etc. We combed through the Implementation of Budget 2018-19 (pdf) to highlight the government's execution with projects in technology and the digital ecosystem in India. Here are the highlights: Digitisation Expansion of coverage of e-NAM Network: All the 585 Markets have been integrated with e-NAM portal by March 2018 Digital intensity in Education: A committee has been set up by Department of Higher Education to ways to support “Operation Digital Board” and a DIKSHA portal has been launched. National Logistics Portal as a single window online marketplace: A Proof of Concept for the National Logistics Portal has already been prepared and has been approved by the Committee of Secretaries. The Detailed Project Report (DPR) has also been prepared. The RFP for selecting a Managed Service Provider (MSP) is ready. Target for on boarding the MSP and for launch of NLP are set for 7th March and 15th August respectively. Taxation, Finance, Digital Finance and Investments Policy for Hybrid Instruments: A draft policy for Hybrid & Innovative Instruments is under circulation to relevant Ministries seeking views Incentivizing MSMEs: The government has proposed that corporate tax for businesses with an annual turnover of upto Rs 250 crore in FY16-17 willl now be reduced to 25%, in order to benefit MSMEs. Earlier, this was limited to businesses with turnover of Rs 50 crore. This has been incorporated…
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