Creating a nurturing startup environment: A pre-Budget perspective on the Indian economy

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The success of the Indian economy hinges on fostering an environment that supports and nurtures startups. Since the advent of the new government, I have noticed a welcome reduction in the unnecessary complexity of red tape and compliance requirements. Initiatives like the Goods and Services Tax (GST), Make in India and Start-Up India have all paved the way for future progress. However, to bring the vision of Atmanirbhar Bharat to fruition, further interventions are necessary to address areas where complexity hinders progress and risk-taking, or where…



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Creating a nurturing startup environment: A pre-Budget perspective on the Indian economy



The success of the Indian economy hinges on fostering an environment that supports and nurtures startups. Since the advent of the new government, I have noticed a welcome reduction in the unnecessary complexity of red tape and compliance requirements. Initiatives like the Goods and Services Tax (GST), Make in India and Start-Up India have all paved the way for future progress. However, to bring the vision of Atmanirbhar Bharat to fruition, further interventions are necessary to address areas where complexity hinders progress and risk-taking, or where…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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