“In India, we have a large ecosystem of 4,500 startups – the third largest in the world. Even then, it is not easy to start a new venture in India. Access to funding and mentorship remains a hurdle. In key parameters such as ease of doing business and R&D investment, there is scope for much […
Tag: Amitabh Kant
SMBs & start-ups would be responsible for much larger share of “corporate functions”
The 20th century was the era of the large corporations. It can be argued that the growth of the market economies of the West, and in recent decades the Asian Tigers and China, was closely correlated with, if not driven by, the growth of their business houses. Conglomerates such as General Electri…
2020 तक जीरो इलेक्ट्रॉनिक्स आयात के लिए सरकार प्रतिबद्ध
कैबिनेट ने इलैक्ट्रॅानिक प्रोडक्ट्स के आयात को कम करने व घरेलू मैन्युफैक्चरिंग को बढ़ावा देने के उद्देश्य से अपनी स्पेशल इन्सेंटिव पैकेज स्कीम (M-SIPS) में संसोधन प्रस्ताव को मंजूरी दे दी है। इसके साथ ही केंद्रीय मंत्रीमंड़ल ने बडे इन्वेस्टमेंट (लगभग 1बिलियन USD) को आकर्षित करने के लिए कमेटी का ग…
Govt pushes for zero electronics imports by 2020
In a bid to eliminate imports of electronic items by 2020 and boost domestic manufacturing, the Union Cabinet on Wednesday approved amendments in the Modified Special Incentive Package Scheme (M-SIPS). Besides to attract big ticket investments of around $1 billion in the sector, the Cabinet appro…
PM, Jaitley to meet Niti Aayog officials, experts to discuss Budget
Prime Minister Narendra Modi and Finance Minister Arun Jaitley will get views on the Budget for 2017-18, job creation through skill development and other issues at a meeting with experts on December 27. There will be 13 people —from the NITI Aayog, economists and others with expertise — who will …
Startup India, a work-in-progress: DIPP Secy
A year after the Startup India Action Plan was unveiled by the Prime Minister the Department of Industrial Policy and Promotion (DIPP) Secretary Ramesh Abhishek called it a “work-in-progress”. Recounting the initiatives taken by the DIPP to provide structure to the developing startup …
Cash shortage will end by mid-Jan 2017: Amitabh Kant
New Delhi, December 16, 2016: The government declared that the cash shortage induced by demonetisation of high value currency notes would end by mid-January by which time about Rs. 3 trillion of black money would be sucked out of the economy, leaving about Rs.12 trillion in cash to finance normal…
From e-Commerce to fintech & data analytics, Indian start-ups are changing: Indian Angel Network Co-Founder
With the likes of Uber, Co-founder Travis Kalanick, Kotak Mahindra, Managing Director, Uday Kotak, SEBI, Chairman, UK Sinha and Niti Aayog, CEO, Amitabh Kant among others, the TiE Global Summit scheduled to be held on December 16-17 at New Delhi, promises to be the biggest startup event in the co…
Demonetisation Effect |Niti Aayog doles out incentives to push cashless payments
Niti Aayog is providing financial support to incentivise the district administration to reach out to the general public and small traders in villages and talukas, and encourage them to shift to cashless payments. It has also asked district magistrates to ensure that financial transactions in the …
Amitabh Kant panel to identify digital payment modes
New Delhi: The government has set up a high-level committee to identify all possible modes of digital payment across sectors as it pushes on with its drive towards a cashless economy. The committee is headed by Amitabh Kant, the CEO of NITI Aayog, the government’s policy think tank. “…