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INTRODUCTION

• Startup india is a revolution scheme that has


been started to help the people,who start their
own business.
• These people have ideas and capability so govt
will give them support to make sure they can
implement their idea & grow.
• The campaign was first announced by Prime
Minister Modi in his 15 August 2015 address from
the Red Fort.

• Success of this scheme will eventually make india,


a better economy and a strong nation.
• Start-up India in an action plan to develop an
ecosystem to promote and nurture
entrepreneurship across the country.
• Start-ups and entrepreneurship are critical to
India’s efforts to restart private investment
into the economy.
• The Government of India to build a strong
eco-system for nurturing innovation and
empowering Start-ups in the country.
Meaning of startup india
• Meaning of startup india “from job seeker to
job creator”
• The economy of a country depends on
countrymen.
• Large no. of employee & woring people better
be the economy.
• The india govt. realized that india people have
the potential to work hardly ,all they need is
promising startup.
Mission of startup india
• Launch social ventures in a way that
they can scale.
• Scale social ventures in a way that they
generate impact.
• Seed first-generation social entrepreneurs in
last-mile communities.
• Catalyse the influence and resources of
business, government and media towards
fostering many more social ventures.
Action plan of startup india
1. Self certification:
The start-ups will adopt self-certification to
reduce the regulatory liabilities. The self-
certification will apply to laws including
payment of gratuity, labour contract.
2. Start-up India hub
An all-India hub will be created as a single
contact point for start-up foundations in India,
which will help the entrepreneurs to exchange
knowledge .
3. Register through app
An online portal, in the shape of a mobile
application, will be launched to help start-up
founders to easily register. The app is scheduled to
be launched on April 1.

4. Rs 10,000 crore fund


The government will develop a fund with an
initial corpus of Rs 2,500 crore and a total corpus
of Rs 10,000 crore over four years, to support
upcoming start-up enterprises.
5. No Income Tax for three years
Start-ups would not pay Income Tax for three
years. This policy would revolutionise the pace
with which start-ups would grow in the future

6. Building entrepreneurs
Innovation-related study plans for students in over
5 lakh schools. Besides, there will also be an
annual incubator grand challenge to develop
world class incubators.
7. Atal Innovation Mission
The Atal Innovation Mission will be launched to
boost innovation and encourage talented youths.

8.Entrepreneurship in biotechnology
The government will further establish five new
biotech clusters, 50 new bio incubators, 150
technology transfer offices and 20 bio-connect
offices in the country.
9.Rebate
A rebate amount of 80 percent of the total
value will be provided to the entrepreneurs on
filing patent applications.

10. Faster exit


If a start-up fails, the government will also
assist the entrepreneurs to find suitable solutions
for their problems. If they fail again, the
government will provide an easy way out.
11.Credit Guarantee Fund for Start-ups
• To catalyse entrepreneurship by providing
credit to innovators across all sections of
society.

12.Tax Exemption on Capital Gains


• To promote investments into Start-ups by
mobilizing the capital gains arising from sale
of capital asset.
13. Research Parks
• 7 new research parks are proposed to be set
up with an initial investment of Rs.100 crore
each.
• These parks shall enable companies with a
research focus to set up base and leverage the
expertise of academic/ research institutions.
14. Start-up fests
• Introduction of Start-up fests to bolster the
Start-ups ecosystem and provide a platform to
showcase ideas and work with a larger
audience.
15. Innovation centres
• These 31 centres will include 13 Start-up
centres and 18 technology business incubators
to be set up/ scaled up at IIMs/ NITs/ IITs.

16. Patent protection


• The government is also working on a legal
support for fast-tracking patent examination
at lower costs.

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