Budget debates: Start-ups in India

| Wednesday, February 24, 2016 - 09:37
First Published |
Budget debates: Start-ups in India

The second episode of this special budget series focuses on startups and the importance of creating the ecosystem that will encourage startups to operate. 
The panel finds that while giving tax breaks to incentivize start-up entrepreneurs  is a welcome step, mere tax holidays are not enough to realize the ambitious plan the govt has to transform India into the start-up hub of the world. 
Special focus needs to be given to single-window clearances and the budget needs to make sure that investors, both foreign and domestic, not only come and invest but also stay in India. Easier exit plans for angel investors and unlocking domestic capital should also be on the FM's radar.

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