What policies can be implemented to encourage the development of technology start-ups in India

Analyze the challenges faced by technology start-ups in India and suggest policy frameworks that can encourage the growth and sustainability of the start-up ecosystem.
There are a number of policies that can be implemented to encourage the development of technology start-ups in India, including:
  • Ensure easy access to funding for start-ups
  • Create a supportive regulatory environment for start-ups
  • Encourage entrepreneurship education
  • Facilitate technology transfer and commercialization
  • Invest in infrastructure to support the start-up ecosystem
Despite India's strong economic growth, technology start-ups face a number of challenges such as lack of access to funding, limited venture capital investment, and regulatory hurdles. To overcome these challenges, the government can take steps such as providing tax incentives for angel investors, simplifying regulations, and creating mentorship programs. By doing so, India can foster a more sustainable and thriving start-up ecosystem that will drive economic growth and innovation.
Answered a year ago
Amrita Preparing for Civil Services