INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
India has an estimated 61400 start-ups, making it the third-largest start-up ecosystem in the world after USA and China. A record of 44 Indian start-ups achieved unicorn status in 2021, taking the overall tally of start-ups unicorn in India to 83, with most in the services sector, the survey showed. The Indian start-up ecosystem has been enlarged rapidly through private investments including seed, angel, venture capital, and private equity funds, with technical support from incubators, accelerators, and the government in the Tier 1 city (metros city). To pushing India towards a knowledge-based and digital economy, the government is attempting to deploy ICT infrastructure and provide policy support for enhanced e-governance, investments, and technology innovation through research and higher education to support entrepreneurship and spur economic growth. Small businesses beyond the metros are not fully aware of regarding various government incentives and tax breaks. Despite of rapid progress made so far, Indian start-ups faces many challenges included a lack of transparent policy initiatives that start-ups can tap into quickly, as well as lack of knowledge and exposure, infrastructure and complications in doing business. Creating more awareness among new start-ups, government take various initiatives as well as easing finance and tax norms for domestic as well as foreign investors could improve opportunities for start-ups in India.
Keywords: start-ups, India, digital economy, small business, entrepreneurship, financial instruments, venture capital, government policy and regulation.
Keywords:
: start-ups India, small business, entrepreneurship, financial instruments, government initiatives
Cite Article:
"Government initiatives for start-up", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.7, Issue 11, page no.b429-b435, November-2022, Available :http://www.ijnrd.org/papers/IJNRD2211150.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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