start up india
On 15th of August, Prime Minister Narendra Modi announced about one of the path breaking campaign to empower youth of India- ‘Start Up India Stand Up India’.
This program is aimed at financing for start-up ventures and offer incentives to boost entrepreneurship and job creation.
The action plan of this campaign will be unveiled on 16 January 2016.
As per PM Modi this campaign will bring a big opportunity for young people across the country not only in manufacturing and service sector but also in small scale and agriculture.
He also said the programme will be designed as per Indian conditions and focus would be on ensuring benefits for the youth from the lowest strata of the society. The initiative will be connected with IITs, IIMs, central universities and NITs as well.
Below are some important pointers related to the campaign :
These benefits will be in the form of a reduction in the excess of compliances that is needed to set up business, immediate approvals, easier finance and tax break.
PM Modi said that youth with capabilities are all over India and it will be wrong to say that they can be found in cities only. And that’s why this program will not limited to few cities or places but aims to make it Pan India.
He added, “Youth in every corner of India have talent, they only need opportunity. This ‘Start up India, Stand up India’ should not be limited to a few cities. It should reach every corner of India,”
During the latest Man Ki Baat program he mentioned that initiative is also for disabled people. He has coined new term called “Divyang” which means people with extra ordinary skills
He believed that most of the times it has been seen that differently- abled people have great capabilities than normal people.
PM Modi also mentioned in the speech that “Start-Up India” initiative will also encourage atat least one Dalit or Adivasi entrepreneur, and at least one woman entrepreneur and each of 1.25 lakh bank branches for the same will aid them.
As per Modi, this initiative will be about IT or digital world but any innovation by commoner will be assisted to start their venture.
Right now India is among five largest start-up communities in the world and these start ups have created more than 80,000 jobs in India, as per NASSCOM.
We think that his proposition will boost entrepreneurship and job creation and can make India Start Up Capital in the world.
But we would also like to hear your views and suggestions on this imitative? What are your expectations?
Will this campaign help India to be number one Start up Nation? Will it actually help entrepreneurship and job opportunities?
Let us know your comments below.
Parimatch Betting Company is one of the most famous online sports betting companies in India.…
The history of gambling spans thousands of years. Various kinds of gambling were chronicled in…
Gambling entertainment has attracted people since ancient civilizations. Today, the range of casino games is…
Photo by michael weir on Unsplash The country is an athletic and economic powerhouse and…
Cyber attacks are the biggest concern, after the increasing scams, and spam has diversified to…
Irrespective of being men or women, both are found to spend good time in the…