Start and go

‘Start-up India’ is overdue. But creation of enabling policy environment must not be restricted to start-ups.

  1. It promises swift approvals for starting enterprises, easier exits, tax and fiscal incentives, faster registration of patents and protection of intellectual property rights.
  2. Signals a possible end to the inspector raj.
  3. Tax breaks do help but what is more critical is an enabling regulatory and business environment that will foster innovation and have a cascading impact on entrepreneurship.
  4. Funding now on offer could perhaps be directed more towards segments tough to raise capital in such as food processing, rather than mobile-based applications or e-commerce firms.
  5. Easing of rules and creation of a conducive policy environment should not be restricted just to start-ups. It should be extended to all businesses.
Start-up Ecosystem In India
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