By Sahil Sharma:
These 6 moments from the #StartUpIndia event confirm that India is ready for the Startup revolution.
This was the one big announcement made by PM Modi while addressing the startup meet in New Delhi.
This start up movement is not merely guided by money or name & fame. The purpose is beyond that: PM on start up entrepreneurs #StartupIndia
— PMO India (@PMOIndia) January 16, 2016
Another big announcement made by the Prime Minister in his address. Earlier in the day, Finance Minister Arun Jaitley said startup friendly tax measures would be announced in the upcoming budget.
We would have to wait till the next month to see what those special measures will be but this is a welcome remark. A tax break for startups would make it easier to get more investors on board.
Gone are the days when you had to wait days or maybe weeks to get your business registered. If you have a great business plan and startup capital, you will soon be able to register your business in a day.
Adding to the 24 hours registration policy, the finance minister also assured the gathering in New Delhi that the red-tape culture would be dealt with swiftly to encourage more startups.
A special session for women entrepreneurs was held during the meet. The highlight of the session was a quote from Anisha Singh, the co-founder of Mydala, who said — “I want to be recognized as a successful entrepreneur, not just as a successful woman entrepreneur.”
New businesses are always looking for investors and Masayoshi Son promised to be an avid investor to startups in India.