Union Minister Kalraj Mishra said the central government has implemented a number of schemes for the promotion of MSMEs and to ensure ease of doing business. He said Narendra Modi is the first Prime Minister who has made three MSME ministers which reflected his seriousness to the development of …
Tag: Atal Innovation Mission
With the latest approval from Cabinet, govt shows continued support to Startup India plan
Start-ups that qualify under the Startup India plan will now get an added boost from the central government as the Union Cabinet approves the Commerce Ministry’s proposal of Alternative Investment Funds (AIFs) funding at least twice the amount as that of the Fund of Funds for Start-ups (FFS) – wh…
36 proposals selected under ‘Start Up Chhattisgarh’ to set up units
A total of 3,858 persons have shared their start-up ideas under ‘Start Up Chhattisgarh’ programme out of which 36 ideas have been selected for setting up units which will be provided refund of all taxes deposited by them. The State Government has provisioned Rs 3 crore in the budget of fiscal yea…
Startup India report card: Culture of entrepreneurship in the making
The Prime Minister had announced the ambitious Startup India Action Plan in January 2016, and it has been a boost to the startup ecosystem. The program, by design, seems perfect to support the startup culture in India, promising to provide solutions to many hurdles a startup faces along with a sy…
How would start-up culture facilitate digital disruption in India?
India’s digital transformation is being emphatically driven by the government’s myriad initiatives to promote the startup culture. Resultantly, India is ranked among one of the top digitally mature economies with a vibrant ecosystem. Digital disruption in India The sense of urgency to embrace the…
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…
2 Bengaluru incubators among 6 chosen for NITI Aayog funding
Bengaluru: Two incubators from India’s Silicon Valley are among the six chosen by the NITI Aayog’s Atal Innovation Mission for scale-up support funding. The scheme aims to upgrade established incubation centres to world-class standards. The NS Raghavan Centre for Entrepreneurial Learning at the I…
Budget 2017: Arun Jaitley’s fourth Budget could signal a breakout year
Finance Minister Arun Jaitley is set to present his fourth Budget on February 1st, amid growing expectations that he will unveil measures to raise people’s spending power, boost farm income, revive investment activity and expand welfare schemes to soothe the demonetisation pain, ahead of state As…
To ensure success of Start Up India, Digital India, regulators must encourage innovation
There has been a flurry of developments in India’s innovation landscape since the country announced its National IPR Policy, earlier last summer. The policy document rightly underscores the government’s recognition of the importance of strong intellectual property rights for fostering innovation …
Demonetisation has already affected the SMEs : Carnegie India
Carnegie India is a public policy think tank organization which was launched in April 2016. It is the sixth international center of the Carnegie Endowment for International Peace, Washington DC. The center’s research and programmatic focus includes the political & economic reforms in India, p…