India is the third largest in number of start-ups hosted because of the new government’s well-executed action plan on improving infrastructure, raising foreign investment limits, and digitizing approvals and registrations. Despite this, World Bank’s latest ‘Doing Business 2017: Equal Opportunity for All ‘ report ranked India 130 among 190 nations on ease of doing business. The main reason for this issue is the difficult compliance requirements of a complex set ofRead More
It goes without saying that there are several inadequacies in the current definition of startups under the recent Startup India Action Plan. First, let’s have a closer look: Department of Industrial Policy and Promotion NOTIFICATION: New Delhi, the 17″‘February, 2016 G.S.R. 180(E) -The government of India has announced ‘Startup India’ initiative for creating a conducive environment for startups in India. The various Ministries of the Government of India have initiatedRead More
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