No official report on world ranking for number of start-ups. There is no estimate of investment in Start-ups says Govt.
Ministry of Corporate Affairs
Press Release
08-03-2016
Investment in Start-ups
There is no official report on world ranking for the number of start-ups in the country. There is no estimate of investment in Start-ups. However, an action plan for start-ups has been released by the Prime Minister on 16th January, 2016. The Action Plan includes, inter-alia : (i) Simplification and Handholding; (ii) Funding Support and Incentives; and (iii) Industry-Academia Partnership and Incubation. The details of the Action Plan are available in the public domain (dipp.nic.in).
This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Rajya Sabha today.
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DSM/KA
(Release ID :137503)
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- When delay not mala fide, right of hearing on merit not to be rejected – ITAT
- Exemption u/s 54 allowed despite failure to deposit in Capital Gains Accounts Scheme
- No addition to be made in hands of assessee solely on basis of uncorroborated loose-sheet
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