Entrepreneurs sky high on expectations, PM Modi to reveal his startup plan today

Entrepreneurs sky high on expectations, PM Modi to reveal his startup plan today

New Delhi, India | Red Newswire | Jan 16, 2016 Last Updated at 8:00 AM IST.

PM Narendra Modi today will unveil the much awaited startup action plan and the entrepreneurs across the country are high on expectations. The action plan is expected to create environment similar to Silicon valley in India. It is being called the major breakthrough for entrepreneurship in the country. The event will see Indian-American entrepreneurs and investors with heavy pockets.

Mr. Modi will address the issues relating to liberalization of labour laws, delays in incorporation and shutdown of firms, easing the early-stage financing and so on.

BJ Arun from Silicon Valley and CEO of July Systems said, “"I have seen politicians come and give speeches, make promises, do shopping and go back. But I was shocked at the speed of this government.” Arun is one of the speakers at the event.

Government got plenty of recommendations for building blueprint from iSpirit, Ficci, Nasscom, TiE and many top entrepreneurs and VCs.

The programme was announced on Independence Day last year and has taken up speed since PM Modi’s visit to Silicon Valley.