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Business

Startups like India's money but want more government action

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A screen on the Bombay Stock Exchange in Mumbai shows Finance Minister Arun Jaitley presenting the budget on Feb. 28.   © Reuters

NEW DELHI -- Technology startups in India are getting a financial boost from the government, but entrepreneurs say that more could be done to support growth in the industry.

     India announced in February a 10 billion rupee fund ($161.5 million) for technology startups in the first full budget of Prime Minister Narendra Modi's government. The money will go towards helping companies set up businesses in technology.

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