Tuesday, October 18, 2022

Startup India Standup India

Startup India Standup India
 Startup India
Standup India

Last year on 16 January 2016, Prime Minister Narendra Modi launched the India Stand Up India scheme.

Which he had said in detail in his speech on 15 August 2015 at the Red Fort. This is mainly a scheme under which incentives will be given by the government to start new small and big industries, in which loan facility, proper guidance, and favorable environment, etc. have been included. Under this, necessary skill development training will also be given.

The objective of Startup India Standup India:-

The main objective of the Start-up India Stand Up India scheme is to promote entrepreneurship, which will increase employment opportunities in the country. This scheme was handed over to the Department of Industrial Policy and Promotion (DIPP) for the smooth running of the scheme. DIPP studied the scheme in detail to implement the first phase, a policy framework has been prepared after talking to several stakeholders. Recently, in his radio talk show Mann Ki Baat, Modi ji told about Start Up India Stand Up India and urged the youth to join it.

The form made by the government:-

1. Employment Opportunities:-

According to the latest NASSCOM Startup 2015 report, 65,000 new jobs are being created through start-ups from 2014 to 20 and it is expected that this figure will increase to 2,50,000. If this first stop performs as expected, there will be more job openings. At present, it is completely inspired by the private sector.

2. International Investment Criteria:-

It is also the criteria of international business that India is a very good place in terms of investment, they have also included India in their investment list in the form of innovation and creativity. International investment in start-ups has performed exceedingly well in the last three years, which seemed impossible till five years ago.

3. The main purpose:-

Prime Minister Modi will prepare a suitable framework for the latest and creative work for the youth of the country in due time, under which they will be given financial help and tax exemption will also be given. This is a better time chosen by the government, under which the latest creative works will be funded by the government.

4. Other contributions of the government:-

In this direction, the government will work closely with DIPP to evaluate the proposals on a capacity basis. Under which representatives of various ministries like Biotechnology, Science, and Technology, Information Technology will be involved who will support DIPP as a special panel. The panel formed will ensure whether the work to be done is doable and is up to the capacity of the candidate. Along with this, it will also see whether financial assistance is being provided easily and in less time.

5. Proper guidance and protection:-

According to the plan of the government, the youth of the country will be connected with the network of higher educational institutions of the country like IITs, IIMs, etc. so that they get proper guidance. With this, the youth of the country will get better knowledge and experience by coming to the network of all these big universities and other industrial areas, which will protect them.

6. Possible problems in planning:

Funding given in Startup India Standup India depends on the risk of that work and the criteria of ability to perform it. The biggest problem for start-ups is money that can be given without any big guarantee. The biggest hurdle in working in this direction for public sector banks is the existing rules which need to be changed so that banks and other panels can get loans easily. be able to approve

Many start-ups fail due to market conditions, entry timing, etc. And because of this, the examples of failure are more visible, whereas it is a fact that any big industrialist moves towards success only after failure, so it is necessary that the youth should not be disappointed by the failure in the start-up and keep moving forward. For which the government needs to give proper guidance to encourage them.

Most of the talent for start-ups is found in small towns and villages, but at present, connecting them successfully with these is a big challenge. Once the start-up is started properly, then people from small towns and villages should be connected to it, which is a big problem because many people here are still technically very weak to run the computer properly.

Lack of government investors is also a big hurdle. People will lack experience in the paperwork to be done for the start-up, for that too they need to be given proper protection.

The biggest obstacle in this entire start-up India stands up India has been experienced, for which it is necessary that a large number of young people are involved with this work, who have sufficient understanding of technical knowledge.

To make this Start Up India Stand Up India successful, it is necessary that the government should start some training programs and train the people in the right direction.

Startup India Standup India is a very good effort through which employment opportunities will increase in the country and the country is moving forward rapidly will advance For the success of this work, it is very important to connect with its villages and small towns because most of the population of the country is the same and there is the biggest shortage of employment in these places.

VISIT OFFICIAL WEBSITE: https://www.startupindia.gov.in/



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