Startup India is a initiative by the Government of India. It was initiated by our honorable
Prime Minister Narendra Modi which is now trending all over India. This first and foremost
step was taken on Independence day of August 15,2005,from Red Fort in New Delhi. This
scheme focuses on simplicity, partnership ,funding,hand holding and helping. In addition to this scheme also focuses on restriction to foreign investment proposals,land permissions
and debts. It has entied in headquarters of India. This has already launched several
programs to help Indian entrepreneurs by building up with 10 to 20 lakhs and this scheme
turnovers 100 crores. This scheme introduces millions of mobile apps start
ups,websites,helping blogs and the most intensive scheme is Mudra Bank Scheme(Pradan
Mandri Mudra Yojna).This scheme aims at low interest,low interested loans, micro budgets
and initial pay for the initial step for the background people .cost of nearly 2000 crores have
been allocated for this scheme. This step was inaugurated by the former finance minister
Arun Jeitley on January 16 of motherer departments and technologies of our country also
joined hands to setup such startup hubs in IIT, Nit, NIPERs,IISERs.The Reserve Bank of India
also joined hands by funding amount for the building up of this scheme. Soft-bank ,which is
headquartered in Japan has funded billions of billions towards this scheme. Google too
funded and it has played a major different role in this startup. Various states are arranged
according to their participation and performances in startup..Telungana played its role by
launching the largest incubation center in India called ;.Andhra Pradesh has
alloted 17000 sq. feeted area lands for research laboratory. And also it has created 100
crores of Innovation fund for the entrepreneur .kerala state has created a nodal agency
called Kerala startup mission. Madhya Pradesh has collaborated with small industries.
Rajasthan has launched Startup oasis scheme;.As per the reports and official information
,this scheme is planned out to roll for 5 years and 11 Indian Universities have been
collaborated in this scheme. A fine output will be found as a result of this initiated scheme.
– YAZHINI
