Business For All - June 2015

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On completion of the one year of the NDA Government, one question which seems to be weighing in a section of the fraternity of entrepreneurs - both small and big - is whether the Government has done enough for them?

One can argue that the expectations of the corporate sector soared amid the slow and sluggish economy. But at this moment, entrepreneurs and large business houses are dismayed at the speed of execution while being positive about the small steps which reflect the government's intent.

Prime Minister, Narendra Modi had said "We want to create job-creators". The intent is loud and clear. How will the Government achieve this. Concrete action on the ground is awaited.

What happened to the 10,000 crore start-up fund? Which companies have benefitted? Little has moved and there is no word or announcement from the Government on how to make this an attractive proposition. India's start ups are largely funded by private investors or individuals but this government funding opportunity could be instrumental in the setting up of more start ups, leading to the overall objective of creating jobs.