Never miss a story

Get subscribed to our newsletter


×

New Delhi: The Federation of Indian Chambers of Commerce and Industry(FICCI) and other business associations on Saturday lauded the ‘Startup initiative’ and said that it was a landmark moment in Indian history.

“It is indeed a landmark moment and a major shift as we are looking at an unshackled regime where the government would merely be a facilitator of the entrepreneurship in the country that would provide employment for our large young population,” stated Harshvardhan Neotia, president of FICCI.


He expressed his confidence that with ‘Start-up India’, the ecosystem has been envisioned and incentive put in place for large numbers of young entrepreneurs in the country to come forward with innovative start-ups.

FICCI sent a 100-member delegation of young innovators and startups to participate in ‘Start-up India’ initiative launched by Prime Minister Narendra Modi.

India Electronics and Semiconductors Association (IESA) president MN Vidyashankar said: “We are elated by the fact that India has the third-largest number of startups globally. IESA applauds the government to be a facilitator to build the start-up nation. With the government’s support, a start-up can be built in a day which will definitely motivate many young entrepreneurs.”

He highlighted Modi’s announcement of legal support for filing patents at free of cost and 80 percent reduction in patent fee would boost the confidence of entrepreneurs.

“The action plan of a corpus of Rs10,000 crore made through a Fund of Funds is a major and important decision taken by the government which would enable an entrepreneur to start up from the non-urban areas of India as well,” said Vidyashankar in a statement.

WudStay founder Prafulla Mathur, Girnar Soft founder Anurag Jain, AsaanJobs co-founder Dinesh Goel and Kaaryah founder and CEO Nidhi Agarwal among others also gave a thumbs up for the ‘Start-up India’ programme.

National Skills Development Corporation (NSDC) CEO Jayant Krishna said: “This is just the beginning, we will see start-ups driving the social-economic growth. Start-up India offers immense opportunity to the youth where the government is also assuring them the ease of doing business.”(IANS)


Popular

wikimedia commons

Mortgage loan graph

By- Blogger Indifi

EMI is known as equated monthly installments. It is a fixed payment made by the borrower each month to repay the loan amount. The EMI is divided into two loan components. One is the principal amount, and the second is the interest amount. Whether you are applying for a personal loan, business loan, home loan, car loan, or education loan, EMIs are easy to calculate using the EMI loan calculator.

Keep Reading Show less
Photo by Flickr.

Swastika, one of the sacred symbols used by many religions like Hinduism, Jainism, and Buddhism.

The symbol of Swastika is known to signify peace, prosperity, and good fortune in the religious cultures of Eurasia. In fact, this symbol is considered very significant in Hinduism, Buddhism, and Jainism. But, at the same time, it has become one of the most misunderstood religious symbols and has been globally banned in many countries.

The reason why the symbol of Swastika is banned in many countries is because of its association with Adolf Hitler's extreme political ideology, Nazism, as Swastika as its official symbol.

Keep Reading Show less
Pixabay

Since emerging into the public eye with a historic gold medal at the junior world championships in 2016, he has maintained a high level of performance

India celebrated a historic day on August 7, as 23-year-old Neeraj Chopra became the first Indian to win an Olympic gold medal in athletics. In the men's javelin throw event, he achieved his greatest triumph, throwing the javelin 87.58 meters on his second try.

Neeraj Chopra was born on December 24, 1997, in Khandra village in Haryana's Panipat district. He grew up in a Haryanavi family of farmers. He is the brother of two sisters. He graduated from Dayanand Anglo-Vedic College in Chandigarh and is now enrolled in Lovely Professional University in Jalandhar, Punjab, pursuing a Bachelor of Arts degree. Chopra was bullied due to his obesity as a kid, which prompted his father to enroll him in a nearby gym. He then joined a gym in Panipat, where Jaiveer Choudhary, a javelin thrower, noticed his potential and coached him. When the 13-year-old Chopra finished training under Jaiveer for a year, he was enrolled at the Tau Devi Lal Sports Complex in Panchkula, where he began training under coach Naseem Ahmed.

Keep reading... Show less