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Political Influence on
entrepreneurship development India
2020
BY: SREENU JATHAVATH
DIGITAL INDIA 2020(CORPORATE
ENTERPRENUERSHIP)
After introducing digital India the digital banks are became easier payments
and famous.
Cashless…transactions can turned entrepreneurial Idea…nowadays people called as
(fintech).
Examples of fintech solutions:
Bhim application
Google pay
Paytm
Phone pe
How goods and service tax and its effects on start up and
entrepreneurs
Before introducing GST all the entrepreneurs need to go sales tax ,value added
Tax..Etc..Etc..
After introducing GST all the taxation process centralized.(One nation one tax)
E commerce and online Startups enjoy the tax .
Increased efficiency in logistics.
More tax burden for manufacturing start up
Special economic zones
Increase business incubators and startups
Job creation through startups
Economic development through startups
Foreign direct investment in new startups
Less tax levy to new startups
Advantages:
1. The start up India scheme was launched in 2016 January
2. The govt. launched the Pradhan Mantri Mudra Yojana April 2015 that provide loans to
new start up non-corporates and non-farm MSME in their initial stage
3. The govt. provide Income Tax Exemption for Start up for the first three years of profit
made by the company
4. Capital gain Tax Exemption
5. Up to 80% rebate on patent cost
Negative influence:
1. India is a complex country with countless castes, religions and languages
2. The political parties have evolved to address their needs and give the minority groups
a platform and a voice that are heard at the national level
3. A political dispute had a relatively minor impact on new entrepreneurs growth when
compared to the present days.
4. Policy as a market catalyst
5. Political solidity and culture
Conclusion
It is evident that a coalition government slows the reform process. However, it is a
positive development in Indian entrepreneurship, that, we have stayed the path of
liberalization. There are no major differences between Congress and BJP as far as
economic policies are concerned, we have stayed the path of liberalization. There are no
major differences between Congress and BJP as far as economic policies are concerned,
Thank you

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Political influence on entrepreneurship development

  • 1. Political Influence on entrepreneurship development India 2020 BY: SREENU JATHAVATH
  • 2. DIGITAL INDIA 2020(CORPORATE ENTERPRENUERSHIP) After introducing digital India the digital banks are became easier payments and famous. Cashless…transactions can turned entrepreneurial Idea…nowadays people called as (fintech). Examples of fintech solutions: Bhim application Google pay Paytm Phone pe
  • 3.
  • 4. How goods and service tax and its effects on start up and entrepreneurs Before introducing GST all the entrepreneurs need to go sales tax ,value added Tax..Etc..Etc.. After introducing GST all the taxation process centralized.(One nation one tax) E commerce and online Startups enjoy the tax . Increased efficiency in logistics. More tax burden for manufacturing start up
  • 5. Special economic zones Increase business incubators and startups Job creation through startups Economic development through startups Foreign direct investment in new startups Less tax levy to new startups
  • 6. Advantages: 1. The start up India scheme was launched in 2016 January 2. The govt. launched the Pradhan Mantri Mudra Yojana April 2015 that provide loans to new start up non-corporates and non-farm MSME in their initial stage 3. The govt. provide Income Tax Exemption for Start up for the first three years of profit made by the company 4. Capital gain Tax Exemption 5. Up to 80% rebate on patent cost
  • 7. Negative influence: 1. India is a complex country with countless castes, religions and languages 2. The political parties have evolved to address their needs and give the minority groups a platform and a voice that are heard at the national level 3. A political dispute had a relatively minor impact on new entrepreneurs growth when compared to the present days. 4. Policy as a market catalyst 5. Political solidity and culture
  • 8. Conclusion It is evident that a coalition government slows the reform process. However, it is a positive development in Indian entrepreneurship, that, we have stayed the path of liberalization. There are no major differences between Congress and BJP as far as economic policies are concerned, we have stayed the path of liberalization. There are no major differences between Congress and BJP as far as economic policies are concerned,