Start-ups

No official report on world ranking for number of start-ups. There is no estimate of investment in Start-ups- Govt.

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.

 

*****

DSM/KA
(Release ID :137503)

Share

Recent Posts

  • Budget-2026

Union Budget 2026-27 watch Live – Highlights of direct and indirect tax proposals

Union Budget 2026 watch Live - Highlights of direct and indirect tax proposals. Finance Minister shall be presenting Union Budget…

9 minutes ago
  • Labour Laws

Supervisory with wages exceeding Rs. 18000 p.m. not a worker under Code on Wages 2019

A supervisor drawing wages exceeding eighteen thousand rupees per month not a worker under new Code on Wages Under the…

16 hours ago
  • Income Tax

ITAT has power to stay order appealed, even in absence of any subsisting tax demand

ITAT has jurisdiction to stay an order appealed against, even in absence of any subsisting tax demand. In a recent…

17 hours ago
  • Income Tax

Effect of reduced timeline for filing TDS Correction statements on TDS Credits

Effect on a common taxpayer of reduced timeline for filing TDS Correction statements on TDS Credits Income Tax Department has…

2 days ago
  • Income Tax

Accounting principles and provisions of law do not permit addition of opening balance – ITAT

Accounting principles and provisions of law do not permit the addition in relation to an opening balance - ITAT In…

2 days ago
  • Income Tax

Penalty for late supply of goods allowable deduction u/s 37 being not a crime or prohibited activity

Penalty levied for late supply of goods is an allowable deduction u/s 37 as late supply neither a crime nor…

4 days ago