Startup India stand up India : 11 entrepreneurs tell us their expectations from Mr Modi’s plan!

Our honorable Prime Minister Mr Narendra Modi has been showing a lot of keen interest in developing the startups in India. On January 16th Mr Modi will unveil his Startup India plan which is expected to catapult the startup ecosystem in India to a completely new level. Here are some of the expectations that startup founders have from Mr Modi’s Startup India Standup India Plan.

Shaifali Agarwal Holani, Founder & CEO, EasyFix

It’s entrepreneurship that has changed the outlook of India and I expect govt to take advantage of great minds of India. There are multiple issues at country level which can be resolved by privatization or joining hands with govt. First and foremost GST must be rolled out and it should become easier for startups or other businesses to survive as it’s success finally leads to a developed country.

Sairee Chahal, Founder, SHEROES.in

It is great to see a great initiative such as Startup India, Stand up India from the government. Coming from the startup community, here are the expectations of the entrepreneurial and the investor community from the same:

Inspiration and motivation for younger generation to start something, move from the job seekers domain to job creators domain

Change in decade old entrepreneurial policies, which were drafted mainly for the SMEs kind of organizations and catering mainly to manufacturing sector. Today’s startups work with tech mainly focusing upon product and service kind of offerings. They require different kind of resources and have much lower input investments

The financial support to the entrepreneurial community would make funds easily available. They would work very differently from the way banks give out loans. The funding made available under this scheme should follow a pattern similar to an investor portfolio.

Creation of an encouraging eco system

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Image credit - Hindustan Times