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ARTICLES ON

STARTUP INDIA

#startupindia

STARTUP-INDIA - COVERED IN
YOURSTORY.COM
Hits

Misses

Challeng
es

Making Exit
easier

Idea of Gov.
funding the
startups

Maintain
quality of
incubators

Ease of
starting up
through a
simple form
filled via an
app

Start up need
service tax
exemption

Money spent
should be
closely
monitored

Self
Certification
Clause

Import duty
benefits

Lack of
quality
mentors

No
Government
Inspection for
3 years

Access to
high speed
internet

Help to
startup in
accessing
and filling
patents

Pass GST and


bankruptcy
bill

FOCUS TURNS TO IMPLEMENTATION COVERED IN LIVEMINT.COM


Some are still skeptical whether startups would be able to
succeed or not
India still lacks basic infrastructure like roads, electricity and
internet
Capital gains tax only when one invests in MSMEs. Need to
expand this investment base
Reduce long term capital gain tax to be presented in Feb
budget
Require relief on service tax

STARTUP INDIA: MORE FOCUSSED THAN


MAKE IN INDIA, SWACHH BHARAT BUT
HERE ARE A FEW CONCERNS FIRSTPOST
Are there any apprehensions in this
storyline?
1.Definition of a startup. Ideally a startup should be chasing a
new idea which may or may not have been testes earlier
2.While start-ups appear to be an enticing idea, the mortality
rate has been high across the world.
3.While a corpus of Rs 10,000 crore has been built the exact
deployment would be a challenge

START UP IN INDIA, STAND


UP IN SINGAPORE
BUSINESS STANDARD

Only 11-12 of the 34 problem areas that need policy and regulatory changes have been
addressed
As long as all are not addressed, in all likelihood, many start-ups will continue to be domiciled outside
India. They are likely to get listed in overseas markets and small investors are unlikely to get access
to these new-age wealth creators
75% of the startups that received funding were domiciled in Singapore, up from about half
the year before
The elephant in the room : FDI policy. Some random tender conditions circumvent policy
restrictions that dont allow FDI in B2C retail
The options before the government seem limited. As much as it wants to woo start-ups, Modi and his
party cannot afford to alienate its core constituency by fully opening up retail. More so, when its at
the mercy of a combative 10, Janpath to pass Bills in the Upper House.
The double game looks all set to continue. Even if all the 34 demands or more are met, startups
will continue their own double game : start up in India, stand up in
Singapore

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