If your start-up needs funds, then now is the time, because Modi has a brilliant plan up his sleeves!
Advertisement
In the backdrop of PM Narendra Modi’s announcement of ‘Start-Up India, Stand-Up India’, an inter-ministerial, high-level panel will be established, which will scan through startup proposals and see if they can be incentivised.
The ‘Start-Up India, Stand-Up India’ programme will be unveiled on January 16 and will have a slew of incentives for aspiring entrepreneurs.
"On January 16, the government of India will unveil the full action plan of Start-Up India, Stand-Up India. A structure will be presented before you. This programme will be connected to the country's IITs, IIMs, central universities and NITs. Wherever there are youth, they will be linked through live connectivity,” Modi had said in his monthly radio address.
One of the major benefits under this initiative will be reduction in norms needed to establish a business, including approvals and tax breaks.
After the panel approves the plan by entrepreneurs, process of business establishment will start. With Modi’s backing tostartups in India , India is expected to generate employment.
So on what basis with the committee approve the plan? Innovation is the answer! The panel will see if the plan will make a cut in future and has innovation.
(Image: Reuters)
Advertisement
The ‘Start-Up India, Stand-Up India’ programme will be unveiled on January 16 and will have a slew of incentives for aspiring entrepreneurs.
"On January 16, the government of India will unveil the full action plan of Start-Up India, Stand-Up India. A structure will be presented before you. This programme will be connected to the country's IITs, IIMs, central universities and NITs. Wherever there are youth, they will be linked through live connectivity,” Modi had said in his monthly radio address.
One of the major benefits under this initiative will be reduction in norms needed to establish a business, including approvals and tax breaks.
After the panel approves the plan by entrepreneurs, process of business establishment will start. With Modi’s backing to
Advertisement
(Image: Reuters)
Advertisement
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Having an regional accent can be bad for your interviews, especially an Indian one: study
- Dirty laundry? Major clothing companies like Zara and H&M under scrutiny for allegedly fuelling deforestation in Brazil
- 5 Best places to visit near Darjeeling
- Climate change could become main driver of biodiversity decline by mid-century: Study
- RBI initiates transition plan: Small finance banks to ascend to universal banking status
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market