PM Narendra modi unveiled Start up India action plan from rs 10,000 crore .The government will set up a fund with an initial corpus of Rs. 2,500 crore and a total corpus of Rs. 10,000 crore over a period of four years, which will be be managed by a board with private professionals drawn from industry bodies, academic, and successful startups. The fund will participate in the capital of SEBI registered venture funds, and invest in sectors such as manufacturing, agriculture, health, and education.Modi said a startup does not mean a billion dollor company where thousands of people work; it is about employing even 5 people and developing india. Success of start-ups is not only about ent, it about risk taking and adventure also. Some important announcement are as below:
1: Govt is ready to launch an app to create a platform for interaction with start-ups.
2: A single point of registration for startups
2: Self-certification compliance for start-ups across India.
3: Tax exemption for start-ups for three years.
4: Capital gains tax to be exempted for venture capital investments.
5: 80% reduction in patent registration fee.
6: Govt. to ensure 90-day window for start-ups to close businesses.
7: No government inspection for three years for newly-formed start-ups.
8: New scheme to provide IPR protection to start-ups and new firms.
9: Innovation programme to start 5 lakh schools to target 10 lakh children.
10: faster exist for startup.
These are the sector as well as stocks name that be buzzing stocks after initiative of start Up India Stand Up India scheme.
manufacturing sector stocks:
Hindusthan Unilever Limited,Moser Baer,Godrej Group,Bombay Dyeing,Raymond Group ,Amul,Dabur India Limited ,Cadila Healthcare,Cipla
AshokLeyland, Bajaj Auto, TVS Motors, Hero Honda Motors Ltd, Apollo Tyres Asian Paints,BPL Group Videocon Group Larsen & Toubro Jindal Steel
Agriculture Sector:
RCF,RALLIS ,MONSANTO ,UNITED PHOSPHOROUS,ADVANTA ,M&M ,TATA CHEMICAL
Health sectors:
DR lal path lab, Appolo,Poly Medicure, Fortis healtcare, optocircuit,Lotus Eye care
Educational sector:
NIIT, Tree House
1: Govt is ready to launch an app to create a platform for interaction with start-ups.
2: A single point of registration for startups
2: Self-certification compliance for start-ups across India.
3: Tax exemption for start-ups for three years.
4: Capital gains tax to be exempted for venture capital investments.
5: 80% reduction in patent registration fee.
6: Govt. to ensure 90-day window for start-ups to close businesses.
7: No government inspection for three years for newly-formed start-ups.
8: New scheme to provide IPR protection to start-ups and new firms.
9: Innovation programme to start 5 lakh schools to target 10 lakh children.
10: faster exist for startup.
These are the sector as well as stocks name that be buzzing stocks after initiative of start Up India Stand Up India scheme.
manufacturing sector stocks:
Hindusthan Unilever Limited,Moser Baer,Godrej Group,Bombay Dyeing,Raymond Group ,Amul,Dabur India Limited ,Cadila Healthcare,Cipla
AshokLeyland, Bajaj Auto, TVS Motors, Hero Honda Motors Ltd, Apollo Tyres Asian Paints,BPL Group Videocon Group Larsen & Toubro Jindal Steel
Agriculture Sector:
RCF,RALLIS ,MONSANTO ,UNITED PHOSPHOROUS,ADVANTA ,M&M ,TATA CHEMICAL
Health sectors:
DR lal path lab, Appolo,Poly Medicure, Fortis healtcare, optocircuit,Lotus Eye care
Educational sector:
NIIT, Tree House
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