Startup India Scheme is an initiative by the Government of India for generation of employment and wealth creation. The goal of Startup India is the development and innovation of products and services and increasing the employment rate in India. Benefits of Startup India Scheme is Simplification of Work, Finance support, Government tenders, Networking opportunities. Startup India was launched by Prime Minister Shri. Narendra Modi on 16th January 2016. Let us learn more about Benefits and Eligibility of Startup India.

Action Plan of Startup India Scheme

The action plan of Startup India is based on the following factors:

1. Simplification of Work: This initiative simplifies the work for the new entrants in order to motivate them.
2. Finance Support: In order to motivate the startups, the government provides various financial supports.

Benefits of Startup India

• Financial Benefits
• Income Tax Benefits
• Registration Benefits
• Government Tenders
• Huge Networking Opportunities

Question to Consider: