The defence minister credited young entrepreneurs and innovators for transforming India from a buyer into a builder, creator and global leader in cutting-edge defence technologies.
The current rush of Indian start-ups entering the public markets marks a defining phase in the evolution of the country’s entrepreneurial ecosystem.
President Droupadi Murmu has received the ‘City Key of Honour’ of Lisbon City.
The ADITI scheme worth Rs 750 crore for the period 2023-24 to 2025-26 falls under the iDEX (Innovations for Defence Excellence) framework of Department of Defence Production (DDP), Ministry of Defence.
Under the new policy, 2000 new start-ups will be set up in Jammu & Kashmir in the next five years in order to nurture and inspire entrepreneurial talent of J&K by creating a vibrant and robust start-up ecosystem in the UT.
Laying the foundation stone of the permanent campus of IIM Sambalpur , the Prime Minister said the growth of Start-Ups require new managerial expertise and innovation. “We have created a huge pool of talent – from just 13 IIMs in 2014 to 20 IIMs and it is the responsibility of the new managers to attain worldwide recognition. The digital connectivity has made it possible to work from anywhere, it has become a global workplace”, he said.
In addition to workspace and back-end assistance, most business incubators also organise professional development workshops and programs as well as ample networking opportunities.
The bank already serves an undisclosed number of start-ups as part of the earlier offering and other offerings.
The role of leadership is evolving into a broad-based team building approach that encourages creative thought in the workplace.
In a relief for the start-ups community, Finance Minister Nirmala Sitharaman said the start-ups and their investors who file requisite declarations and provide information in their returns will not be subjected to any kind of angel tax scrutiny.
