Startup India, Standup India’ an achievable mission

Dear Sir/Madam,

Prime Minister Narendra Modi has launched another flagship scheme of Govt. of India, ‘Startup India’, setting the stage for more entrepreneurial activity in India. The new initiative of Govt. of India, ‘Startup India, Standup India’, combines robust financial and legislative framework for the benefit of startups that include tax exemption on capital gains and income tax holiday for three years, easy exit with the help of the proposed Bankruptcy code; no labour inspection for initial 3 years; funding support worth Rs. 10,000 crores (apporx. Euro 133 million); Incubation centres across the country; relaxed norms of public procurement among other incentives.

India with an economy of US$ 2.2 trillion of 1.3 billion people, the role of start-ups in sustaining the current economic growth needs no over-emphasis. According to NASSCOM, India has moved to third position in the number of startups with the fastest growing base worldwide. India’s demographic dividend, increased penetration of information technology, strengthening ecosystem and funding scenario coupled with ample availability of guidance and mentorship can provide the necessary thrust to sustain the growth momentum.

In initial days, Indian startup ecosystem had to face hardship because of inadequate social and commercial acceptability, limited financial support. In last decade or so much has changes to make ‘Startup India, Standup India’ an achievable mission. Entrepreneurs are being supported by an ecosystem of academic institutions, incubators, angel investors and venture capitalists.

The proposed event on 18 May 2016 is an attempt to bring together potential entrepreneurs together both for the purpose of sharing experience in building processes, products & services and new ideas for business realization.

The interested participants are requested to fill-up the enclosed proforma and send the seam to us by 15th April 2016.

With regards,

Asheesh Gupta
Consul (Eco & Com)
Consulate General of India
Widenmayerstrasse 15
80538 Munich
Germany
Phone. 0049-89-21023920
Fax. 0049-89-21023970
E-mail. cpic@cgimunich.com
Web. www.cgimunich.com

munich

Latest Accomondations, Forums & Jobs

India Sweden Innovation DAY On 27th october 2022

Read More

They discussed various aspects of bilateral relations incl climate renewable energy trade & amp digital

Read More

PM Narendra Modi interacted with Heads of Indian Missions from all over the world at the 10th HoMs Conference in Kevadia

Read More

53 rd International Film Festival of India Indian panorama announces the official selection of the 53rd FFI 2022

Read More

Enthusiastic participation & vibrant discussions a testament to the growing interest in Ayurveda in France

Read More

PM Narendra Modi today launched Lifestyle for Environment (LiFE) san the statue of unity in Kevadia

Read More

Amb Dinesh Patnaik inaugurated the Cycle of Conferences titled The Eternal India At 75 years of its Independence at the Chancery

Read More

Ambassador Mrs Reenat Sandhu and Embassy officers had an informative and fruitful interaction with Indian students

Read More

Amb Pooja Kapur met Sh. Ratnesh Executive Director UN Global Network IndiaThey discussed leveraging the India-Denmark green collaboration

Read More

Congratulations to Danish Denmark Chemist & his colleagues for winning the Noble Prize in Chemistry 2022

Read More

Amb Mrs Reenat Sandhu met Mr. Paul Huijts Secretary General Ministerie van Buitenlandse Zaken

Read More

Ambassador Raveesh Kumar highlighted the opportunities for enhanced bilateral cooperation between India & Finland.

Read More

Embassy of India Berne Providing Passport OCI & Miscellaneous Consular services to the Indian nationals

Read More

Jai Swaminarayan to Respected Karyakar & Haribhaktos in Paris Mandir Shilanyas Mahotsav – 3rd & 4th September 2022

Read More

Self declaration for International travellers to India Airsuvidha recent updation

Read More

The world of Narendra Modi India’s path to world power Arte TV 9th August 21:40 hrs

Read More

Advertisement with us

Advertisement
Advertisement

Catch on Facebook

Comments

No Thoughts on Startup India, Standup India’ an achievable mission

Leave A Comment

Explore Portal

Select your desired portal & country to explore

Copyright © 2021 Indoeuropean.eu. All rights reserved.