Start Up India, Stand Up India: 19 exciting plans for start-ups

-

ssb coaching- afcat- nda- cdse - sainik- rms- rimc entrance training academy - defence academy coimbatore -
www.ssbcoaching.comwww.sainikrimc.com

94437 20076

Buy Entrance Exam Skill builder kit on line

All you should know about Start Up India, Stand Up India: 19 exciting plans for start-ups

Start Up India
Thanks to GK Today

 Prime Minister Narendra Modi unveiled a 19-point action plan for start-up enterprises in India. He also announced a self-certification scheme related to nine labour and environment laws. He also said that there would be no inspection of the enterprises during the first three years of the launch.
The 19 plans for start-ups
  1. Self certification
The start-ups will adopt self-certification to reduce the regulatory liabilities. The self-certification will apply to laws including payment of gratuity, labour contract, provident fund management, water and air pollution acts.
  1. Start-up India hub
An all-India hub will be created as a single contact point for start-up foundations in India, which will help the entrepreneurs to exchange knowledge and access financial aid.
  1. Register through app
An online portal, in the shape of a mobile application, will be launched to help start-up founders to easily register. The app is scheduled to be launched on April 1.
  1. Patent protection
A fast-track system for patent examination at lower costs is being conceptualised by the central government. The system will promote awareness and adoption of the Intellectual Property Rights (IPRs) by the start-up foundations.
  1. Rs 10,000 crore fund
The government will develop a fund with an initial corpus of Rs 2,500 crore and a total corpus of Rs 10,000 crore over four years, to support upcoming start-up enterprises. The Life Insurance Corporation of India will play a major role in developing this corpus. A committee of private professionals selected from the start-up industry will manage the fund.
  1. National Credit Guarantee Trust Company
A National Credit Guarantee Trust Company (NCGTC) is being conceptualised with a budget of Rs 500 crore per year for the next four years to support the flow of funds to start-ups.
  1. No Capital Gains Tax
At present, investments by venture capital funds are exempt from the Capital Gains Tax. The same policy is being implemented on primary-level investments in start-ups.
  1. No Income Tax for three years
Start-ups would not pay Income Tax for three years. This policy would revolutionise the pace with which start-ups would grow in the future.
  1. Tax exemption for investments of higher value
In case of an investment of higher value than the market price, it will be exempt from paying tax
  1. Building entrepreneurs
Innovation-related study plans for students in over 5 lakh schools. Besides, there will also be an annual incubator grand challenge to develop world class incubators.
  1. Atal Innovation Mission
The Atal Innovation Mission will be launched to boost innovation and encourage talented youths.
  1. Setting up incubators
A private-public partnership model is being considered for 35 new incubators and 31 innovation centres at national institutes.
  1. Research parks
The government plans to set up seven new research parks, including six in the Indian Institute of Technology campuses and one in the Indian Institute of Science campus, with an investment of Rs 100 crore each.
  1. Entrepreneurship in biotechnology
The government will further establish five new biotech clusters, 50 new bio incubators, 150 technology transfer offices and 20 bio-connect offices in the country.
  1. Dedicated programmes in schools
The government will introduce innovation-related programems for students in over 5 lakh schools.
  1. Legal support
A panel of facilitators will provide legal support and assistance in submitting patent applications and other official documents.
  1. Rebate
A rebate amount of 80 percent of the total value will be provided to the entrepreneurs on filing patent applications.
  1. Easy rules
Norms of public procurement and rules of trading have been simplified for the start-ups.
  1. Faster exit
If a start-up fails, the government will also assist the entrepreneurs to find suitable solutions for their problems. If they fail again, the government will provide an easy way out.

ssb coaching- afcat- nda- cdse - sainik- rms- rimc entrance training academy - defence academy coimbatore -
www.ssbcoaching.comwww.sainikrimc.com

94437 20076

Buy Entrance Exam Skill builder kit on line

Comments

Post a Comment

Popular posts from this blog

RIMC December 2017 General Knowledge Solved paper

-
Defence Academy Coimbatore A leading coaching academy for Sainik, Military and RIMC Schools, NDA, IMA, AFCAT SSB, FSB Interview http://www.ssbcoaching.com call 094437 20076 RIMC December 2017  General Knowledge Solved paper Instructions: 1.         There are total of 75 Questions and each question carries one Mark. There is no negative marking for a wrong answer. 2.         Do not over write, dual answers shall not fetch any marks. 3.         All Questions are to be answered in the Question paper only. SECTION “A” (Tick) The correct answer Q.1 Which of the following part of the sun is easily visible only during total Solar Eclipse? A Core B Photosphere C Sunspot D Corona Q.2.Earth’s seasons are caused by which of the following? a) The belt of the earth’s rotation relative to the ecliptic...
Read more

GK Questions for RIMC- RMS Compiled by www.sainikrimc.com

-
Image
Defence Academy Coimbatore A leading coaching academy for Sainik, Military and RIMC Schools, NDA, IMA, AFCAT SSB, FSB Interview http://www.ssbcoaching.com call 094437 20076 GK Questions - First in India 21. Name of the first Indian to win Magsaysay Award ? Acharya Vinoba Bhave in 1958 22. Name of first Indian to win Nobel Prize ? Rabindranath Tagore 23. First Scientist of India to get Nobel Prize in Economics ? Dr. Amartya Sen 24. Name of the First Indian Submarine ? I.N.S. Cauveri 25. Name of the first person to get Paramvir Chakra Major Somnath Sharma 26. First Indian to go into space ? Sqn. Ldr. Rakesh Sharma 27. Name of first Indian to get Bharat Ratna Award ? Dr. S Radhakrishnan 28. Name of first speaker of Lok Sabha ? G.V. Mavlankar from 1952-1957 29. Name of first president of Indian National Congress ? W.C. Banerjee 30. First Presid...
Read more

Picture Perception - Model story

-
Image
PPDT STORY ON A DEAD BODY SCENCE: SET 1 Picture Perception and Description Test: A Dead body Scene I n this  PPDT story  you can have a general idea of how to write a PPDT  story on Dead Body  scene . THE BEST WAY TO PREPARE FOR  BASIC SCREENING TEST : PPDT IS TO  PRACTICE  MORE AND MORE AND BOOST YOUR WRITING SPEED. Sample PPDT picture of Dead body Scene What have you seen in the picture A room scene, probably a dead body on a bed & two people sitting on the side. A table is placed on the write with medicines and a stand at the back of bed. Characters involved Three including a dead body Age profile 18 to 20 years and 30 to 35 years Mood Negative What has already happened Probably a martyr lead down the life for the nation Present happenings Cremation and the dead body of the martyr before emotional seen with due encouragement to take revenge with the enemy Final outcome Productive and chall...
Read more