The Union Budget 2025 has arrived, and it's clear that technology is a major priority for the Indian government. Finance Minister Nirmala Sitharaman unveiled a series of initiatives designed to boost the country's tech sector, from expanding broadband access to fostering innovation in artificial intelligence. Let's dive into some of the key highlights.
Broadband for All and Local Manufacturing Boost
One of the most significant announcements is the expansion of broadband services, particularly for government schools. This initiative aims to bridge the digital divide and ensure that students across the country have access to the resources they need to succeed in today's digital world. 
Coupled with this, the budget includes measures to boost local manufacturing of technology components. This will not only create jobs but also strengthen India's position as a global tech hub.
The move is a smart one, as it tackles both education and economic growth simultaneously. "Investing in both digital infrastructure and local production is crucial for a sustainable tech ecosystem," says industry analyst Priya Sharma.
Supporting Gig Workers and Startups
The budget also addresses the needs of India's growing gig economy. Nearly 1 crore gig workers will receive insurance coverage, providing a much-needed safety net for this increasingly important segment of the workforce. 
Additionally, loan limits under the PM Swanidhi scheme will increase, and a new Rs. 30,000 credit card linked to the NPCI's UPI will be introduced, providing greater financial flexibility for small businesses and entrepreneurs.
For the startup ecosystem, the budget introduces a deep tech 'Fund of Funds'. This initiative aims to provide crucial funding for early-stage companies working on cutting-edge technologies. This is in addition to the previously announced initiative of a Rs 500-crore Centre of Excellence in AI for education.
Framework for Global Capability Centres (GCCs)
Recognizing the growing importance of Global Capability Centres (GCCs), the budget includes a national framework to support their development. This framework will guide states in promoting GCCs in Tier-2 cities, enhancing talent and infrastructure, building byelaw reforms, and fostering industry collaboration. 
This strategic move aims to decentralize economic activity and create opportunities in smaller cities across the country.
In conclusion, the Union Budget 2025 demonstrates a clear commitment to leveraging technology for economic growth, social development, and global competitiveness. With its focus on broadband expansion, local manufacturing, support for gig workers and startups, and the promotion of GCCs, the budget sets the stage for a vibrant and inclusive tech ecosystem in India.