As Prime Minister Narendra Modi is willing to create India as the international hub of entrepreneurship with his dream campaign ‘Startup India, Standup India’ on January 16, businesses across the nation seems enthusiastic with PM Modi’s bold initiative. Many believe that ‘Startup India, Standup India’ will help boost young entrepreneurs and MSMEs, and brings desired reforms in the area of registration, taxation and licensing.
Rahul Jalan, Director, Indiaonline Network, a startup company: “Honourable Prime Minister Narendra Modi’s ‘Start Up India, Stand Up India’ initiative will simplify the things and doing business in India will be easier than ever. However, government should take measures to provide relaxation in existing tax laws and other regulatory procedures.”
Tarun Wig, Co-Founder, Innefu Labs: “It is high time the Govt of India realise that the any innovation in cyber security ecosystem can achieve the double aim of economic growth as well as improving national security landscape of the country. US has already realised this and established In-Q-Tel and CIA funded venture capital firm to invest in technology startup. India needs to follow it.”
Govind Bansal, Co-founder of Aqua (a startup telecom firm): ” Due to a slow procedure consumers are deprived of good options and businesses are unable to meet the market demand with the right product at a right time. Aqua Mobiles requests The Controller of Certifying Authorities to take necessary actions that may expedite the certification process in the interest of both consumers and manufacturers of mobile handsets.”