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Union Budget 2021 Startup Expectations: Accelerate Growth By Releasing The Regulatory Brakes

Union Budget 2021 Startup Expectations: Accelerate growth by releasing the regulatory brakes While past budget announcements were welcomed by all start-ups, the fine print of the regulations read differently from their intent and the benefits were available only to a limited few, based on a cut-off date and registration criteria. January 28, 2021 / 07:42 PM IST While multiple sectors of the industrial economy and ICT (Information and Communications Technology) have done their bit in bringing India this far, the next exponential jump for taking India towards a $5 trillion economy depends on the start-up story. Start-ups and disruptive business models are poised to lead India towards economic growth, innovation, ease of living, livelihoods and a connected economy. While the societal thinking shift is happening from job seekers to job creators, the entrepreneurial thinking is from India to the world.

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