Narendra Modi unveils startup action plan

Indian PM Narendra Modi unveiled the startup action plan in New Delhi on 16th Jan, 2016

NEW DELHI: Declaring that true entrepreneurs were not money-chasers but those possessed by a sense of empathy to solve problems, Prime Minister Narendra Modi on Saturday rolled out the red carpet for Indian startups, promising them tax breaks, simplified procedures and freedom from inspector raj.

He said the government would as far as possible try and stay out of the way of startups, as he exhorted young entrepreneurs to try and solve India’s big problems, scale up the spirit of ‘jugaad ..

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