This document provides an overview of the Startup India initiative launched by the Indian government. It discusses the launch of Startup India in January 2016, with key points like funds of Rs. 10,000 crore, reduced patent registration fees, and tax exemptions for new startups. Major targets of the initiative are women, SC/ST communities, and bottom segments of society. The changing trends in India show increasing job preferences for startups and more social acceptance of entrepreneurship.
Startup India is an initiative of the Government of India.
The campaign was first announced by Indian Prime Minister, Narendra Modi during his 15 August 2015 address from the Red Fort, in New Delhi. The action plan of this initiative, is based on the following three pillars:
i )Simplification and Handholding.
ii) Funding Support and Incentives.
iii) Industry-Academia Partnership and Incubation.
An additional area of focused relating to this initiative, is to discard restrictive States Government policies within this domain, such as License Raj, Land Permissions, Foreign Investment Proposals, and Environmental Clearances. It was organized by The Department of Industrial Policy and Promotion (DIPP)
A startup defined as an entity that is headquartered in India, which was opened less than seven years ago, and has an annual turnover less than ₹25 crore (US$3.5 million).[3] Under this initiative, the government has already launched the I-MADE program, to help Indian entrepreneurs build 1 million mobile app start-ups, and the MUDRA Banks scheme (Pradhan Mantri Mudra Yojana), an initiative which aims to provide micro-finance, low-interest rate loans to entrepreneurs from low socioeconomic backgrounds.[4] Initial capital of ₹200 billion (US$2.8 billion) has been allocated for this scheme.
Globally, the number of startup companies has rapidly expanded during the last 5-8 years. Offering
products and/or services that greatly enhance the lives of its clients is a major focus for these firms. In India,
local and federal government initiatives have provided new enterprises and entrepreneurs with much
momentum and assistance, helping India become the world's top startup location. The Government of India
(GOI) launched the "Startup India" campaign in 2015 to promote entrepreneurship and support businesses to
achieve this goal (Babu, S., Sridevi, K.,2019). An IBM Center for Business Value and Oxford Economics study
in 2018 found that 90% of Indian companies fail within the first five years of operation. Potential difficulties
that startups may run across, both generally and specifically in the Indian market, have been described by
several authors.
International tie ups boosting india’s startup ecosystemeTailing India
Indian startups may soon get easier access to the German market and investments thanks to an agreement the government is planning to sign with the country for a startup exchange programme.
Startup India is an initiative of the Government of India.
The campaign was first announced by Indian Prime Minister, Narendra Modi during his 15 August 2015 address from the Red Fort, in New Delhi. The action plan of this initiative, is based on the following three pillars:
i )Simplification and Handholding.
ii) Funding Support and Incentives.
iii) Industry-Academia Partnership and Incubation.
An additional area of focused relating to this initiative, is to discard restrictive States Government policies within this domain, such as License Raj, Land Permissions, Foreign Investment Proposals, and Environmental Clearances. It was organized by The Department of Industrial Policy and Promotion (DIPP)
A startup defined as an entity that is headquartered in India, which was opened less than seven years ago, and has an annual turnover less than ₹25 crore (US$3.5 million).[3] Under this initiative, the government has already launched the I-MADE program, to help Indian entrepreneurs build 1 million mobile app start-ups, and the MUDRA Banks scheme (Pradhan Mantri Mudra Yojana), an initiative which aims to provide micro-finance, low-interest rate loans to entrepreneurs from low socioeconomic backgrounds.[4] Initial capital of ₹200 billion (US$2.8 billion) has been allocated for this scheme.
Globally, the number of startup companies has rapidly expanded during the last 5-8 years. Offering
products and/or services that greatly enhance the lives of its clients is a major focus for these firms. In India,
local and federal government initiatives have provided new enterprises and entrepreneurs with much
momentum and assistance, helping India become the world's top startup location. The Government of India
(GOI) launched the "Startup India" campaign in 2015 to promote entrepreneurship and support businesses to
achieve this goal (Babu, S., Sridevi, K.,2019). An IBM Center for Business Value and Oxford Economics study
in 2018 found that 90% of Indian companies fail within the first five years of operation. Potential difficulties
that startups may run across, both generally and specifically in the Indian market, have been described by
several authors.
International tie ups boosting india’s startup ecosystemeTailing India
Indian startups may soon get easier access to the German market and investments thanks to an agreement the government is planning to sign with the country for a startup exchange programme.
Development of an app using business development start up incubatorsDr. C.V. Suresh Babu
National Conference on Innovations in Information and Communication Technologies (NCIICT-2021), organized by Bannari Amman Institute of Technology, Tamil Nadu, India on 07-08 May 2021
Indian Economy & Startups generating Business & JobsMufaddal Nullwala
Indian Economy & Startups- Generating Business & Jobs:
Indian economy is world's seventh largest economy by nominal GDP.
Amongst all the sectors contributing to the economy, service sector has its largest share and most of it comes from the IT. The expansion of IT sector has been led by the innumerable start-ups in the economy.
Startup India and Standup India, in this presentation you get brief information on what business is good nd how to think of a business nd what to keep?
My write up which appeared in the Cover Story of April 2019 issue of Monthly Economic Digest Published by Maharashtra Economic Development Council. The article is about the incentives policies relating to MSMEs in India.
My write up which appeared in the Cover Story of April 2019 issue of Monthly Economic Digest Published by Maharashtra Economic Development Council. The article is about the incentives policies relating to MSMEs in India.
Detailed presentation on start up India initiative undertaken by the current Government.It includes;
- Need for start ups
- Funding statistics
- Benefits
Every Details related to the Startup India ,Modi Action Plane,Latest Startup Report by government,Important points,eligible legal entity,inter ministerial board, startup that is considered eligible,Funding Related questions, top flourishing cities, most profitable type of small businesses and their net profit margins, startups that are changing the face of virtual reality in India,benefit, anylysis
When operating a startup, there are too many things on your plate that you need to take care of. You have a service/product to develop, a team to manage, and deals to seal. Understanding this importance, CA Mitesh Katira – A Startup Enthusiastic is all set to host a session on “How To Make A Startup Standup “on 02nd December at the Ghatkopar Study Circle at 6.00 pm to 9.00 pm .
Development of an app using business development start up incubatorsDr. C.V. Suresh Babu
National Conference on Innovations in Information and Communication Technologies (NCIICT-2021), organized by Bannari Amman Institute of Technology, Tamil Nadu, India on 07-08 May 2021
Indian Economy & Startups generating Business & JobsMufaddal Nullwala
Indian Economy & Startups- Generating Business & Jobs:
Indian economy is world's seventh largest economy by nominal GDP.
Amongst all the sectors contributing to the economy, service sector has its largest share and most of it comes from the IT. The expansion of IT sector has been led by the innumerable start-ups in the economy.
Startup India and Standup India, in this presentation you get brief information on what business is good nd how to think of a business nd what to keep?
My write up which appeared in the Cover Story of April 2019 issue of Monthly Economic Digest Published by Maharashtra Economic Development Council. The article is about the incentives policies relating to MSMEs in India.
My write up which appeared in the Cover Story of April 2019 issue of Monthly Economic Digest Published by Maharashtra Economic Development Council. The article is about the incentives policies relating to MSMEs in India.
Detailed presentation on start up India initiative undertaken by the current Government.It includes;
- Need for start ups
- Funding statistics
- Benefits
Every Details related to the Startup India ,Modi Action Plane,Latest Startup Report by government,Important points,eligible legal entity,inter ministerial board, startup that is considered eligible,Funding Related questions, top flourishing cities, most profitable type of small businesses and their net profit margins, startups that are changing the face of virtual reality in India,benefit, anylysis
When operating a startup, there are too many things on your plate that you need to take care of. You have a service/product to develop, a team to manage, and deals to seal. Understanding this importance, CA Mitesh Katira – A Startup Enthusiastic is all set to host a session on “How To Make A Startup Standup “on 02nd December at the Ghatkopar Study Circle at 6.00 pm to 9.00 pm .
The Roman Empire A Historical Colossus.pdfkaushalkr1407
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The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
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Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
For more information, visit-www.vavaclasses.com
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
3. Content
Startup India
Launch
Key points of startup India
Investment
Some figures on Indian Start-up
Quick analysis on eligibility criteria
Analysis
Major target segment for start-up India
Change in trend for Indian start-up
Indian Govt. initiative to boost entrepreneurship
Impact of startup India on Economy
Bibliography
4. Start Up India
Start up India campaign is based on an action plan aimed at promoting bank
financing for start-up ventures to boost entrepreneurship and encourage start
ups with jobs creation. The campaign was first announced by the Prime Minister
in his 15th August, address from the Red Fort. It is focused on to restrict role of
States in policy domain and to get rid of "license raj" and hindrances like in land
permissions, foreign investment proposal, environmental clearances. It was
organized by Department of Industrial Policy and Promotion (DIPP).A start up is
an entity that is headquartered in India which was opened less than five years
ago and have an annual turnover less than ₹25 crore (US$3.7 million). The
government has already launched PMMY, the MUDRA Bank, a new institution set
up for development and refinancing activities relating to micro units with a
refinance Fund of ₹200 billion (US$3.0 billion).
• The Stand up India initiative is also aimed at promoting entrepreneurship
among SCs/STs, women communities.
5. Launch
The event was inaugurated on 16 January 2016 by the finance minister
Arun Jaitley. Among the attendees were around 40 top CEOs and startup
founders and investors from Silicon Valley as special guests including
Masayoshi Son, CEO of Soft Bank, Kunal Bahl, founder Snaa, Travis
Kalanick, founder of Uber, Adam Nuemann, CEO of WeWork, Sachin
Bansal, founder of Flipkart and others.
6. Key points of Start up India
Single Window Clearance even with the help of a mobile application
10,000 crore funds of fund
80% reduction in patent registration fee
Modified and more friendly Bankruptcy Code to ensure 90-day exit window
Freedom from mystifying inspections for 3 years
Freedom from Capital Gain Tax for 3 years
Freedom from tax in profits for 3 years
Eliminating red tape
Self-certification compliance
Innovation hub under Atal Innovation Mission
Starting with 5 lakh schools to target 10 lakh children for innovation programme
7. Investments
Softbank, which is head quarter in Japan, has invested $2 billion into
Indian start-ups. The Japanese firm had pledged the total investments at
$10 billion. Google declared to launch a start-up, based on the highest
votes in which the top three start-ups will be allowed to join the next
Google Launchpad Week, and the final winner could win an amount of
$100,000 in Google cloud credits. PMMY (Pradhan Mantri Mudra Yojana)
is also one of the similar initiatives to refinance the micro units
10. Analysis
One of the eligibility criteria states that “The product or service should be a new
one or a significantly improved version of existing services or products.”
Let’s take the example of start-ups who are engaged in creating and developing
online marketplaces like Flipkart and Amazon. So a new start-up engaged in the
same field may not be eligible unless its product is significantly improved than
what existing players provide.
Another eligibility criteria states that the start-up should get a recommendation
letter from the recognized incubator cell or be recognized by the GoI or should be
funded by recognized funds. Now this will be quite a task for start-ups.
In my estimation, going by these criteria, roughly 60% of existing start-ups could
be rendered ineligible for the Start-up India plan.
11. Major target segment for start-up India
• The government has had to look at new areas like the Mudra Scheme, which
was set up to target 25 per cent of the bottom layer of the society. “Earlier they
were exploited by money lenders. We have enabled 1.73 crore entrepreneurs
get loans under this scheme.”
• Based on the success of this programme the government will roll out The
Stand-up India will be separately. He said “We are targeting women and
SC/ST segments because these segments have not thrown enough
entrepreneurs. Almost 3,000 new entrepreneurs to be created under this
scheme.”
• But to cater to India’s growing population Jaitley re-iterated that the
entrepreneurs should not rely solely on the government as they can’t cater to
every Indian entrepreneur. Talking about the Start-up India initiative, he said
12. Change in trend for Indian Start-up
Changing Job Preferences
The new age India today is ready to break away from the typical career
paths, to take a chance, to follow their hearts and this is clearly evident
from the hiring trends that we are currently seeing in the country.
Traditional recruiters in India are said to be under pressure to up their
game as more and more talent is tending towards working with growth
companies.
A budding start-up ecosystem, challenging assignments, huge funding's
and an associated coolness quotient are attracting a lot of talent towards
the Indian start-up space.
13. Continue…
Trends in Graduate Hiring
• Hiring in Indian IITs always makes a news due to the crore plus packages that
are offered to the students. Hiring trends in IITs are also seen as showcasing
the trends of interests that young talented India is portraying. And the trends
in first phase of the IIT placement season that concluded on December 31,
2014 were clearly showing a growing interest towards start-ups.
• The year not only saw more number of start-ups actively participating in the
campus recruitment process but also saw them offering higher packages in
order to compete with our regular visitors and lure the students. In fact, start-
ups and ecommerce companies were among the topmost recruiters of the year.
Placements in start-ups have accounted for 13% of the total number of
students placed from IIT-Madras where as many as 65 start-ups recruited and
made 122 offers in more than 75 profiles
14. Continue…
Mid and Senior Management Turns To Start-ups
The opportunity and challenges that start-ups and growth companies are
providing today is really huge. Talk to any mid or senior management
executive in India today and you cannot miss hearing about how they are
looking for something challenging to work on. A lot of mid/ senior level
managers who could not take a risk early in life due to responsibilities feel
much more comfortable about it today after having made a considerable
amount of savings and looking at the support that the start-up ecosystem
in India is seeing.
15. Continue…
Changing Social Outlook
There was a time in India many years ago when the only socially accepted
job was a government job. Then came the private sector jobs, then the
MNCs and slowly and steadily jobs at start-ups and having your own start-
up are also gaining more and more social acceptance each day. In the
middle of a number of reports which said how having your own start-up is
not very conducive to your marriage prospects, Jeevansathi, a matrimonial
website has witnessed a 55 % increase in self-employed profiles in last
couple of years. Rohan Mathur, the VP and head of Jeevansathi said that
nowadays parents are fine with an entrepreneur groom as long as he has
good educational background.
16. Indian Government Initiative to boost
Entrepreneurship
Start-Up India Initiative
SETU Fund
e-biz portal
MUDRA Bank
Atal Innovation Mission (AIM)
Royalty Tax
Start-up Network
Smart Cities And Digital India Opportunity
17. Impact of Start-up India on Indian Economy
• Creation of Job
• Increase Export
• Increase production will lower the price of goods and services
• It will increase multiplier effect
• Marginal Propensity To Consume (MPC) will go up
• Boost GDP