Prime Minister Narendra Modi launched the Startup India initiative to promote entrepreneurship and boost the Indian economy. The 19-point action plan aims to simplify regulations for startups, provide tax exemptions and funding support. A key aspect is a Rs. 10,000 crore fund to support new enterprises over four years. However, some experts note that the total funds may not be sufficient given the large funding needs of the startup sector in India. The program seeks to encourage innovation and help turn ideas into commercial products and services.
"Start Up India... Stand Up India" is an government initiative - announced by GOI on 16th Jan 2016. For inspiring youth for the entrepreneurship & start ups.
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?
"Start Up India... Stand Up India" is an government initiative - announced by GOI on 16th Jan 2016. For inspiring youth for the entrepreneurship & start ups.
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?
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.
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
The presentation covers, Profile of Start-ups, Start-up Ecosystem, Issues and Challenges faced by Start-ups,Opportunities available for Start-ups, Government Initiatives,Valuations of few Start-ups,Reasons for failure of Start-ups etc.
Indian startups- How they effect the economyMohit Jaswani
• Wrote a paper upon analysis of Indian economic growth because of startups over the years and its sustainability under the guidance of Dr. Surinder Singh Nehra.
• It also covers overview of Australian Startup Economy and Case Study of two Indian startups i.e. Srjna and Hostelers.
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.
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
The presentation covers, Profile of Start-ups, Start-up Ecosystem, Issues and Challenges faced by Start-ups,Opportunities available for Start-ups, Government Initiatives,Valuations of few Start-ups,Reasons for failure of Start-ups etc.
Indian startups- How they effect the economyMohit Jaswani
• Wrote a paper upon analysis of Indian economic growth because of startups over the years and its sustainability under the guidance of Dr. Surinder Singh Nehra.
• It also covers overview of Australian Startup Economy and Case Study of two Indian startups i.e. Srjna and Hostelers.
This presentation is pertaining to the make in India intitative which had took since few months ago,I given brief information about the event,Its probable contribution to GDP,FDI & Export promotion in the country.
Youth & Government - Paving a new path for IndiaIlaxi Patel
Youth & Government - Paving a New Path for India
A Presentation by ilaxi Patel at CIIE-IIMA on 14th May 2011.
Content Writer (2009) for Gujarat State Portal www.gujaratindia.com
Official Blogger and VA to M J Akbar, The Sunday Guardian-India Today-Headlines Today
Business person and Author of Guardian of Angels - A practical guide to Joyful Parenting
StartupIndia Initiative.
Startup Registration | The Do's and Don'ts
Tax & Other Benefits.
Exit Options.
Government Policies
Benefits & Relaxations
MSME rules and Schemes.
Compliance Management Process
This document provided by government of India action plan to boost up Start-up India campaign. Here it is being share to deploy more people to know about it.
The presentation basically focus on the policy formed/designed by Government to protect/safegaurd the ideas of small Business, Entrepreneurs and Startups.
Startup India is a Government of India flagship initiative to build Startups and nurture innovation. Through this initiative, the Government plans to empower Startup ventures to boost entrepreneurship, economic growth and employment across India.
The Government’s Action Plan will help accelerate the growth of Startups throughout India, across all important sectors – in Tier 1, 2 and 3 cities, including semi-urban and rural areas – and includes promoting entrepreneurship among SCs/STs and women communities.
The 19-point Action Plan, organized by the Department of Industrial Policy & Promotion (DIPP), focuses both on restricting hindrances and promoting faster growth by way of:
• Simplification and Handholding
• Funding Support and Incentives
• Industry-Academia Partnership and Incubation
Prime Minister Narendra Modi had announced the 'Startup India, Standup India' initiative in his Independence Day address last year. Last month, PM Modi unveiled the action plan for startups in the country. He announced a self-certification scheme in respect of nine labour and environment laws and said there will be no inspection during the first three years of launch of the venture. Addressing the first conference of start-up entrepreneurs, Modi announced an action plan to boost such ventures which are seen as key to employment generation and wealth creation.
Here are the top takeaways from the prime minister's speech.
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.
Top 5 schemes under startup india to benefit young entrepreneursAnisha Sachit
he Startup India scheme was launched by PM Narendra Modi on 16 January 2016 at Vigyan Bhavan, New Delhi. The Indian Government has introduced this tailor-made scheme especially to encourage and uplift the start up business entities of India. Under this programme, the Government has launched many schemes to help young entrepreneurs.
The Startup India scheme was launched by PM Narendra Modi on 16 January 2016 at Vigyan Bhavan, New Delhi. The Indian Government has introduced this tailor-made scheme especially to encourage and uplift the start up business entities of India. Under this programme, the Government has launched many schemes to help young entrepreneurs.
Blog: https://www.linkedin.com/pulse/top-5-schemes-under-startup-india-benefit-young-amrita-agarwal/?trackingId=klM5uElHzhMMdql0%2BcAc3A%3D%3D
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Detailed presentation on start up India initiative undertaken by the current Government.It includes;
- Need for start ups
- Funding statistics
- Benefits
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4. Prime Minister Narendra Modi has
kicked off the ambitious Startup India
Movement. The government
programme aims to fill gaps in the
economy for the growth and
development of startups and will
aim to boost digital entrepreneurship
at the grassroots.
5. "In India launching a startup is like Abhimanyu entering in to
Chakravyuha"-- Economic Affairs Secretary Shaktikanta Das
6. On the last Independence Day, Prime Minister
Narendra Modi had introduced the Start-up India,
Stand Up India' initiative.
On January 16, Prime Minister Narendra Modi
unveiled a 19-point action plan for start-up
enterprises in India.
7. Here are the 19 plans Modi has for start-ups:
1. Self certification
The start-ups will adopt self-certification to
reduce the regulatory liabilities. The self-
certification will apply to laws including payment
of gratuity, labour contract, provident fund
management, water and air pollution acts.
2. Start-up India hub
An all-India hub will be created as a single contact
point for start-up foundations in India, which will
help the entrepreneurs to exchange knowledge
and access financial aid.
8. 3. Register through app
An online portal, in the shape of a mobile
application, will be launched to help start-up
founders to easily register. The app is scheduled
to be launched on April 1.
4. Patent protection
A fast-track system for patent examination at
lower costs is being conceptualised by the central
government. The system will promote awareness
and adoption of the Intellectual Property Rights
(IPRs) by the start-up foundations.
9. 5. Rs 10,000 crore fund
The government will develop a fund with an initial
corpus of Rs 2,500 crore and a total corpus of Rs
10,000 crore over four years, to support
upcoming start-up enterprises. The Life
Insurance Corporation of India will play a major
role in developing this corpus. A committee of
private professionals selected from the start-up
industry will manage the fund.
10. 6. National Credit Guarantee Trust Company
A National Credit Guarantee Trust Company
(NCGTC) is being conceptualised with a budget of
Rs 500 crore per year for the next four years to
support the flow of funds to start-ups.
7. No Capital Gains Tax
At present, investments by venture capital funds
are exempt from the Capital Gains Tax. The same
policy is being implemented on primary-level
investments in start-ups.
11. 8. No Income Tax for three years
Start-ups would not pay Income Tax for three
years. This policy would revolutionise the pace
with which start-ups would grow in the future.
9. Tax exemption for investments of higher
value
In case of an investment of higher value than the
market price, it will be exempt from paying tax
12. 10. Building entrepreneurs
Innovation-related study plans for students in
over 5 lakh schools. Besides, there will also be an
annual incubator grand challenge to develop
world class incubators.
13. Big
concept
11.Atal Innovation Mission
The Atal Innovation Mission will be launched
to boost innovation and encourage talented
youths.
12.Setting up incubators
A private-public partnership model is being
considered for 35 new incubators and 31
innovation centres at national institutes.
14. 13. Research parks
The government plans to set up seven new research parks,
including six in the Indian Institute of Technology campuses
and one in the Indian Institute of Science campus, with an
investment of Rs 100 crore each.
14. Entrepreneurship in biotechnology
The government will further establish five new biotech
clusters, 50 new bio incubators, 150 technology transfer
offices and 20 bio-connect offices in the country.
15. Dedicated programmes in schools
The government will introduce innovation-related
programems for students in over 5 lakh schools.
15. 16. Legal support
A panel of facilitators will provide legal support
and assistance in submitting patent applications
and other official documents.
17. Rebate
A rebate amount of 80 percent of the total value
will be provided to the entrepreneurs on filing
patent applications.
18. Easy rules
Norms of public procurement and rules of trading
have been simplified for the start-ups.
16. Faster exit
If a start-up fails, the government will also assist
the entrepreneurs to find suitable solutions for
their problems. If they fail again, the government
will provide an easy way out.
19. The idea of Start Up India and Stand Up India was
not new and had in fact been announced several
times in the past 20 months since Modi became
prime minister.
20. First budget in July 2014, finance minister Arun
Jaitley announced a Rs 10,000 crore "fund to act
as a catalyst to attract private Capital by way of
providing equity, quasi equity, soft loans and
other risk capital for start-up companies".
21. but nine months after this, Jaitley launched
another scheme - India Aspiration Fund (IAF)
that was established as a fund of funds under the
Small Industries Development Bank of India
(SIDBI). The official proclamation was this was
done to energise the start-up environment in
India. No explanation was given as to how this
scheme, with an initial corpus of Rs 400 crore and
later ramped up to Rs 2,000 crore, was different
from the scheme announced in the budget
speech.
22. India dream will be backed by just Rs 2,500 crore
every year and that too for four years now.
Anyone who knows figures well is aware that this
sum amounts to barely a fraction of the total
funds required for start-ups to become a big
enough sector to be able to provide a significant
share of jobs for the unemployed youth.
23. "identification of businesses", it is stated the
scheme is open for those projects that is "a new
product or service or process; or a significantly
improved existing product or service or process".
24. CONCLUSION
So, start up India and Stand up India is scheme with new body with
previously prevailing spirit under the care and nourish of our PM
now. Which helped in getting required attention from the potential
benefits seeker i.e new entrepreneurs producing unique non-
existing product and services which may also add value to available
products and services.
Majorly this scheme focus on R&D and manufacturing of product etc.
So, one must acquire all information about criteria before seeking
the aid.
Pioneer education intuition are power house with youth blood in
making the success of the scheme and economical advance India in
future making it profitable center for new innovation and thinking.