Startup India Program completes one year, let’s look into its report card.

Exactly a year ago, on January 16, 2016, Prime Minister Narendra Modi unveiled the ‘Start-up India, Stand up India’ initiative. As the Vigyan Bhavan auditorium bustled with energy and excitement, thousands of new-age entrepreneurs looked forward to the historic announcement. After all, for the first time in India, a comprehensive policy for startups was being rolled out.
The Action Plan unveiled several initiatives and schemes to boost entrepreneurship and build a strong ecosystem for fostering innovation. Highlights included recognition as a ‘startup’ based on certain criteria, tax benefits and Rs 10,000-crore ‘Fund of Funds’.
A fresh start-up
For the first …