Start-Up India: A government scheme
The start-up India Comping was inaugurated by former finance ministry Arun Jaitley. . The main purpose of the scheme is to boost new entrepreneurs in India. it was started on 16 January 2016 by the ministry of commerce and industry and organized by the department of promotion of industry and internal trade. India is Third all over the world's startup ecosystem.
1. Allocation of land
2. License Raj
3. Environmental Clearance
4. Foreign Investment
Key Pillars of India
There are main three pillars of the start-up India which are included in the scheme.
1. Simple process of registration and Handholding
2. Provide Funds and Incentives
3. To provide Industry -academic partnership
4. To promote SC, ST, and Women entrepreneurs.
The benefit of Start-Up India
The government allows various benefits to start up in India.
1. To reduce the registration fee.
2. Progress in the bankruptcy code for 90 days.
3. Tax exemption for 3 years.
4. To create a creative hub under the Atal Innovation Mission.
5. To target 5 lakh schools across the country for the innovative program.
6. To introduce a new scheme for IPR protection to a startup entrepreneur.
7. To motivate businesses all over the country.
8. To introduce India as a start-up all over the world.
as we discussed above there are various benefits are allowed by the government.
Category of Business Performance
The appraisal of the performance of various businesses is divided into various category
1. Best performer :
2. Top Performer
3. Leader
4. Aspiring Leaders
5. Emerging start-up ecosystem
An initiative of Startup India
To boost startup in India the government take some initiative this is discussed below.
1. Atmanirbhar Bharat
2. Make in India
3. Startup India Digital Platform
4. Startup grand challenge
5. Atal innovation mission
6. Project Chunauti
7. National Initiative for developing and harnessing Innovation.
Conclusion
