The NITI Aayog has called upon the government to further improve the ease of doing business, to boost the culture of start-ups in the country. It also released the report of an Expert Committee on Innovation and Entrepreneurship.
The report said the government should digitise all its departments to help start-ups get all permissions and licences online. Around 200 owners of budding companies, incubation centres for start-ups and venture capitalists took part in the event.
“All tax laws, government notices related to taxation and responses related to taxpayers’ queries should be available online,” it said.
Sindhushree Khullar, CEO NITI Aayog, Arvind Panagariya, vice-chairman, NITI Aayog and noted academician Tarun Khanna, director, South Asia Institute, Harvard University, along with officials from Department of MSME, Biotechnology and members of the expert committee also took part in the event.
The Aayog had constituted the panel under the chairmanship of Khanna. The committee observed that formulation of the Atal Innovation Mission (AIM) could be a defining moment in India’s economic history, and the idea must be unfettered and allowed to flourish.
Image Courtesy : The Hindu