For Nation

We Will Always Follow Formal Practices Of

Business, Pay All Our Taxes, And Fulfill All Legal

Liabilities and Our Responsibilities Towards Our

Nation. The Amount Left After Fulfilling All Our

National And Citizen Responsibilities Would Be

The Actual Profit For Us , and Only That Is What

We Deserve.

Objective • To share the 360 degree information about Start Up

India… Stand Up India Campaign

• Also to share my own learning about how this campaign can transform the Indian Economy !

What is Start Up India Campaign ?

Why Start Up India ?• To boost up / promote Start Up / Entrepreneurship • To boost up Banking Sector / Finance • To Limit State Policy Dependency for New Businesses• To Eliminate License Raaj which hinders the growth of Entrepreneurs –

Like, Land Permissions – Foreign Investment Proposals – Environmental Clearance

• To promote ST/SC – Women Entrepreneurships • Core objective is to generate Maximum Employment

Facts & Figures • Indian youth of Below 35 years – 800 Million (For Businesses – 35 yrs is

YOUTH)• Unemployment Rate in Indian youth is expected to be 15.5% by the end

of 1st Quarter of 2016• India is one of the strongest countries of world in Entrepreneurship –

48 Million New Businesses compared to 23 Millions of USA• Average Job Creation in last 7 Years – 43 Lacs per Year• Jobs Requirement per annum – 1.25 Cr• In last 10 years – Due to slow down in Indian Economic Policies and

Reform Policies, Youth are less confident to start Business & opting for Job

• To Change the Mentality of Youth from Job Seeker to JOB CREATOR !

What is Start Up India ?• Announced on 15th Aug, 2015 Independence Day – while launched on

16th Jan, 2016.• Campaign Name – Start Up India… Stand Up India• Any Business / Start Up headquartered in India – Started less than 5

Years – Having Annual turn over less than 25 Cr – will be counted under this scheme

• Single Point of Contact for ANY ISSUE – Mobile App from 1st April – Website Launch soon

• This campaign not only focusing on Starting up new businesses, but will also focus on Innovativeness of the Idea for the Start Up

Key Pointers - Start Up India • Income Tax Exemption for 3 Years• Capital Gain Tax Exemption for 3 Years• Special Scheme for Women Entrepreneurship (will be launched soon)• Red Tape Regulation Exemption • They have Exit Plan also ! – Evenif you fail – 90 Days Closure Policy with

Simple Debt Structures • 2500 Cr Funds every year for Start Up India Campaign• Credit Guarantee Fund - 500 Cr/Year• Total of 10000 Cr Funds for Next 4 years

Key Pointers - Start Up India • No Government Inspection for 3 Years• New scheme to provide IPR protection to start-ups and new firms. (IPR –

Intellectual Rights Protection for New Idea to the creator of the same)• Intellectual property rights are the rights given to persons over the

creations of their minds. They usually give the creator an exclusive right over the use of his/her creation for a certain period of time.

• 80% Exemption in Patent Registration Fees – We are way behind when it comes to patenting our new ideas

• Relaxation in Public Procurement for Start Up Businesses• Under AIM – Atal Innovative Mission

• National Recognition Award to be given for BEST INNOVATIVE START UP• Seed Capital Fund For Start Up

How this will be done ?• To gauge the Innovativeness – GOI will set up an Inter Ministerial Board

(Led by Dept of Industrial Policy & Promotion) which will “VALIDATE” the Innovative Nature of an Enterprise – qualifying for Start Up (On the basis of Service / Product)

• Incubators will be set up - to recommend the Start Up to eligible under this Scheme

• Adding MUNDRA Initiative / Skill India / GST Regime initiative – will take this whole campaign to the New Heights (Due to Transparency / Ease of doing business)

• To Market it well & inspire more Start Ups, “Start Up Fest” will be launched – Just Like an Yearly Affair like Vibrant Gujarat (To Invite more FDI into Indian Economy)

Current Scenario

• Till now, Softbank (From Japan) have invested $2 Billion into Indian Start Ups under this scheme

• The have asked to permit them for $10 Bn

• Google has already launched a Campaign wherein TOP 3 Start Up ideas (with highest votes) will join in Next Google Launchpad Week • Final Winner in this will get $100,000

THANK YOU