Employment generation is govt’s top-most priority
Kick-starting its ambitious Start-Up Mission, the government on Saturday promised to prioritise such measures for greater employment generation and said it was committed to ensuring start-ups a friendlier regulatory regime, easier capital availability as well as quicker exit norms through a bankruptcy law.
Pointing out that entrepreneurship was no longer being looked down upon in India in the name of ‘jugaad’ (frugal or flexible innovation), Commerce and Industry Minister Nirmala Sitharaman said the government now looks forward to engaging with entrepreneurs to remove “all the burdensome regulations for start-ups.”
Speaking at the inaugural session of the Start-U…
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