Misreported
The secretary, department of electronics had stated the following:
To address the problem of availability of finance to the software industry, the Department of Electronics is interacting with concerned agencies to facilitate flow of funds to this industry. In this context, the Department of Electronics may provide all technical assistance to ICICI and other financial institutions so as to process the request for availing funding from such institutions.
S Radhakrishnan
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Departmental Publicity Officer(PIB)
New Delhi
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