Tag Archives: Startup India

ILN Today Post

Startup India, Stand Up India

To augment the entrepreneurial spirit of country’s youth and tap on the immense potential of innovative ideas, the Government of India has recently launched its ambitious new scheme, ‘Startup India’. While vast majority of Indian population is below 35 years of age and the Start-up culture is on the rise, young ventures face many challenges including lack of clarify on regulatory approvals, multiple registrations and compliances, lack of supporting eco-system and most important funding constraints. Sensitive to these constraints, the Government has decided to provide an enabling environment for nurturing talent, simplifying systems and processes, handholding, mentoring and incubating new ventures and most important providing financial support through this new initiative.

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