India’s credit guarantee scheme for startups can play a vital role in economic growth
[ad_1] Accordingly, with a view to building a strong ecosystem for nurturing innovation and encouraging investments in it, Prime Minister Narendra Modi launched the Startup India initiative in 2016. The government unveiled a plan comprising 19 action points across areas such as “simplification and handholding”, “funding support and incentives” and “industry-academia partnership and incubation.” In…