The ‘Bahi Khaata’ of FM Nirmala Sitharaman and the steps to improve the future of startups in India were the two things that caught the eyes of every person waiting for budget 2019. As stated by Mrs Sitharaman, ‘India eyes to become five trillion dollar economy by 2025’, and startups will play a huge role in this. India, being the third largest startup ecosystem is already at the top of the charts and after the budget, a further rise in position can be expected. Startups in India have not only accumulated large funding ($4.3 Billion) in the year 2018 but have also been one of the highest job generators.

Publication : Entrepreneur India 

Date : July 13, 2019

Startups also lead to the creation of a skilled workforce. In our case, quite a few of our earlier employers who were doing manual labour are today skilled to operate the fabrication machines as well as proficient in critical contemporary skills like computer literacy and communication skills. Roti, kapda aur makaan’ – from a film title to electoral promises, these three fundamental needs have formed the holy trinity of Indian citizen’s basic self-sufficiency. The most dependable way of fulfilling these needs, globally, has been employed’ (or, hashtag friendly equivalent, job) generation. In a capitalist economy, the government’s role is to formulate and implement policies that encourage job creation.

Publication: India Today

Date: July 13, 2019