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Commerce Minister Smt. Nirmala Sitharaman says Government will hold to have all stakeholders of the Startup ecosystem on board in making India one of the best Startup destinations in the world.

News and Press Release - Dated:- 29-7-2016 - Press Information Bureau Government of India Ministry of Commerce & Industry 28-July-2016 20:51 IST The Startup India initiative is designed to foster innovation, create jobs and facilitate investment. Government is committed to make this initiative a scalable reality and to provide an environment for our Startups to thrive in. Since the launch of the Action Plan for the Startup India initiative considerable progress has been made. However, a lot .....

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k and to discuss the key challenges faced by them. Some of the prominent names which were part of the meeting are Paytm s Vice President Sudhanshu Gupta, Ola s Senior Director Anand Subramanium, Suraj Saharan, Co-founder of Delhivery, Nykaa.com s CFO Sachin Parikh, Abhiraj Bhal, Co-founder of UrbanClap, Anu Acharya, CEO of Mapmygenome, and Rivi Varghese, CEO and Co-founder of CustomerXPs. The Hon ble Minister of Commerce and Industries(I/C) Smt. Nirmala Sitharaman, opened the discussion by stati .....

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mplicated paper work involved in all government compliances, tedious import/export procedures, need of clear definition of Aggregators under the Service tax among many others. Some of the suggestions made by Startups were to have a checklist for all the state and central compliances on the Startup India portal, a discussion forum to be evolved for all the stakeholders of the Startup ecosystem to exchange ideas and companies should be asked to spend more on Startups as part of CSR activities. The .....

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