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The Centre will organise the first-ever Startup India "Innovation Week" from Monday.

The Centre will organise the first-ever Startup India "Innovation Week" from Monday to bring together the country's key startups, entrepreneurs, investors, incubators, funding entities, banks, policymakers, etc under one platform to celebrate entrepreneurship and promote innovation, and to showcase the spread and depth of entrepreneurship across India, an official statement said.

According to the Commerce and Industry Ministry statement, the Department for Promotion of Industry and Internal Trade (DPIIT) is organising the virtual week-long innovation celebration, from January 10 to 16, which also aims to commemorate the 75th year of India's independence 'Azadi Ka Amrit Mahotsav' and is designed to showcase the spread and depth of entrepreneurship across India. Interestingly, in the startup world, 2021 has been recognised as the 'year of unicorns,' with 40+ unicorns added in the year.

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Venkaiah Naidu. Wikimedia Commons
  • At a time of tepid job growth and continuing income disparities, the major challenge is to make the youth of the country entrepreneurial and not job seekers, Vice President Venkaiah Naidu said on Thursday.

“Disparities continue to remain in India and so there is a need for inclusive growth… there is the need to take care of the suppressed, oppressed and depressed,” Venkaiah Naidu said at the Bharatiya Yuva Shakti Trust’s (BYST) silver jubilee celebrations here with Britain’s Prince Charles as the chief guest.

“The challenge for us is to make the youth entrepreneurial, and not become job seekers,” Venkaiah Naidu said pointing to the NDA government’s various initiatives to encourage youth enterprises like Startup India, Standup India and the Mudra financing scheme for underprivileged sections.

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Image source: huffingtonpost.in

Washington: Celebrating India’s achievements, the MIT India Conference will focus on how to create a thriving startup ecosystem in India to put Prime Minister Narendra Modi’s “Startup India” initiative into action.

Organized by the MIT Sloan School of Management in collaboration with the greater MIT community in Cambridge, Massachusetts on April 3, the conference plans to address all levels of entrepreneurship, according to a media release.

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New Delhi: Aiming to expand the number of startups in India, Finance minister Arun Jaitley on Saturday said that his government will put a new tax regime for startups.

Claiming that the tax regime would usher in a new era for the startups, he further said, “it is a final break from the conventional License Raj of India”.

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