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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
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