Business
Here are the key hits and misses of the policy announcement in the #StartUpIndia event.
At the much-awaited #StartUpIndia event in New Delhi on 16 Jan 2016, Narendra Modi announced a slew of Policy decisions to an enthralled audience comprising several high profile ‘unicorn’ startups of India, VC/PE/Angel investors and entrepreneurs.
As the applause settles down and the full policy document is carefully reviewed, one can’t help observe that despite a promising start, the initiatives fall short of some of the key expectations from the entrepreneurs, though it addresses most of the concerns of the investor community. Here are the key hits and misses of the policy announcement:
In balance, the policy is a good start but doesn’t go the full length it intended to. The policy initiatives are aimed more at addressing the concerns of the institutional investor community (which is good) but not the concerns of the entrepreneurs. Hope the upcoming budget will address some of these concerns!
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