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    <title>UNION BUDGET ANNOUNCES A VENTURE CAPITAL FUND OF 1,000 CRORE TO EXPAND THE SPACE ECONOMY BY 5 TIMES IN THE NEXT 10 YEARS</title>
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    <description>The budget lowers customs duty to 15 per cent on mobile phones, mobile PCBA and mobile chargers; removes customs duty, subject to conditions, on oxygen free copper for resistor manufacture and exempts certain parts for connector manufacture; and increases customs duty on PCBA of specified telecom equipment to 15 per cent. It also directs use of sectoral databases for improved data governance and proposes population scale DPI applications across multiple service areas, while establishing a venture capital fund to expand the space economy.</description>
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