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.
Â
DSM/KA
(Release ID :137503)
- ITAT allows exemption of Rs. 25 lakhs u/s 10(10A) to non-government employees
- PCIT has revisionary jurisdiction u/s 263 over the cases passed by the NFAC or the JAO
- Appellate court interfering with MACT finding must undertake reappreciation of evidence
- When delay is not huge & involves huge monetary liability, lenient approach to be taken
- EoGM of company can not ratify diversion of fund raised by preferential issue – SC
