Insta
Union Minister Suresh Prabhu speaking at the inaugural summit
Speaking at the inauguration of annual venture capital summit in Panaji, Goa, on Friday (7 December), Union Minister of Commerce & Industry Suresh Prabhu emphasised that the culture of startups are essential for the economic growth of a country.
Furthermore, he declared that Goa will be the permanent venue for Annual Global Venture Capital Summit.
From here on, the summit will be organised on the first Friday of every December. In India, more than twenty states have a startup policy and has led to India becoming the top investment destination in the entire world.
PIB in its press release said that the dignitaries present on the occasion praised the government for improving the Ease of Doing Business (EoDB), quicker environmental clearances that takes place within 140 days, GST and commercial courts to ensure faster contracts, which has given the required support to startups in India.
So far, about 14,497 startups have been registered with the government.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.
Latest