Start up India Stand up India Scheme introduced by Narendra Modi for boosting small scale industries and entrepreneurship

2. WHY!!!!!
• To reduce the regulatory burden on Startups
thereby allowing them to focus on their core
business and keep cost low
• To stabilizing the ecosystem
• To provide funding support for development
and growth of innovation driven enterprises
• To make it easier for Startups

3. LAWS
ENVIRONMENT LABOUR

4. Labour Laws:
• The Building and Other Constructions Workers’ (Regulation of
Employment & Conditions of Service) Act, 1996
• The Inter-State Migrant Workmen (Regulation of Employment &
Conditions of Service) Act, 1979
• The Payment of Gratuity Act, 1972
• The Contract Labour (Regulation and Abolition) Act, 1970
• The Employees’ Provident Funds and Miscellaneous Provisions
Act, 1952
• The Employees’ State Insurance Act, 1948

5. Environment Laws:
• The Water (Prevention & Control of Pollution)
Act, 1974
• The Water (Prevention & Control of Pollution)
Cess (Amendment) Act, 2003
• The Air (Prevention & Control of Pollution)
Act, 1981

6. Launch of Atal Innovation Mission (AIM) with Self-Employment
and Talent Utilization (SETU) Program
AIM
Innovation
promotion
Entrepreneurship
promotion

7. Building Innovation Centres at
National Institutes
• In order to create the incubation and R&D efforts in the
country, the Government will set up 31 centres (to
provide facilities for over 1,200 new Startups) of
innovation and entrepreneurship at national institutes
• Setting-up 13 Startup centres: Annual funding support
of INR 50 lakhs (shared 50:50 by DST and MHRD) shall
be provided for three years for encouraging student
driven Startups from the host institute.

8. • Setting-up/ Scaling-up 18 Technology Business
Incubators (TBIs) at NITs/IITs/IIMs etc. as per
funding model of DST with MHRD providing smooth
approvals for TBI to have separate society and built
up space.
Startup Centres Technology Business Incubators
RGIIM Shillong VNIT Nagpur MANIT Bhopal NIT Jalandhar NIT Calicut
NIT Goa IIT
Bhubaneswar
NIT Warangal NIT
Tiruchirappalli
IIT Roorkee
NIT Agartala NIT Patna IISER Bhopal IIT Mandi IIT Ropar
NIT Delhi NIT Arunachal NIT Rourkela IIM Udaipur IIM Kozhikode
MNIT Allahabad ABVIIITM
Gwalior
MNITJaipur IIT Patna IISER
Thiruvananthap
uram
NIT Silchar PDPM-IIITDM
Jabalpur
IIM Rohtak IISER Mohali IIM Raipur

9. Setting up of 7 New Research Parks
• The Government will set up 7 new Research Parks in
institutes indicated below with an initial investment
of INR 100 crore each. The Research Parks shall be
modeled based on the Research Park setup at IIT
Madras.
Research Parks
IIT
Guwahati
IIT
Hyderabad
IIT Kanpur IIT
Kharagpur
IISc
Bangalore
IIT Delhi IIT
Gandhinag
ar

10. Promoting Startups in the
Biotechnology Sector
• Approximately 300-500 new Startups each
year to have around 2,000 Startups by 2020
• 5 new Bio-clusters, 50 new Bio-Incubators,
150 technology transfer offices and 20 Bio-
Connect offices will be set up in research
institutes and universities across India

11. FACTS
• Start up profit would tax free for 3 yrs
• Rs 10,000 cr. To be provided by govt over 4
years
• Mobile app from april 1 to register start-ups in
a day
• Exits for start-ups within 90 days
• Tax exemption to be provided on capital gains

12. • 500 tinkering labs and seeds fund wil be
provided under Atal Innovation mission
• Fund of funds with 2500 cr will be provided
yearly.
• No labour inspection for 3 years
• Friendly tax regime
• Life Insurance Corporation (LIC) shall be a co-
investor in the Fund of Funds