Government of India launched it’s flagship initiative “Startup India” aimed to build a stronger eco-system for nurturing innovation and startups in the country to propel economic growth and generate large scale employment.
The Government through this initiative aims to empower Startups to grow through innovation and design.
The Startup India initiative was initially announced at the Red Fort on the occasion of India’s 69th Independence Day. On January 16, 2016 government issued ”Action Plan” for startup empowerment which pivots around –
> Simplification and Handholding
> Funding Support and Incentives and
> Industry-Academia Partnership and Incubation
Here’s an effort to analyse the action plan threadbare to help startups make business sense.
Please use this link to download the detailed analysis. http://bit.ly/1RRmWP3.