In recent years India has soon a lot of potential for the startup all over The World. Modi Government realizing the potential is now trying to boost the startup. This plan is been carried with a view to create an Eco-system for the startup and nurture innovation. The plans for the startup will be disclosed on 16th January . This announcement of the Government has create a high voltage excitement among the startup firm and is appreciated all over India.
Some of the benefits of this plan may include easier process for business registration ,fast approval and easy funding . A panel will be appointed to check the whether given idea can qualify for the benefits . All these tasks will be carried out under the Department of Industrial Policy and Promotion (DIPP) the meetings will be held frequently to decide on proposal.
One of the official said that Innovation will be key to any idea . Modiji in his "Mann ki baat" said , that Startup India,Standup India supporting programme will be launched on 16 January and with be connected to all the youths in IIT , NIT, IIM and central funded university .
So wait for the date till then if you have an innovative idea be ready.
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