There is no automatic system by which any one gets a reply for his/her application.A few business people from USA and UK applied for permission to start in India,same way as they applied to Malaysia and Australia. They got permission with in 32 days from those countries,without any reminder ,where as there was no response from India even after six months,because there is no system. Naturally they started the projects elsewhere.
Raising funds by start ups within 3/4 years of operation is genuine.You cannot call all start ups are cheats.Blanket Taxing them is something unheard of.
A chinese engineer in San Francisco developed a fighter plane in 1903 and flew across USA.He decided to manufacture in China on invitation of the then emperor of china, and took the flight,unfortunately he met with an accident and died. Even today china encourages small and medium start ups and money is in abundance.
An enterprising team from Germany visited Bangalore about a few years back ,among them an Indian engineer too was present,to start a waste/garbage processing unit
for producing power with no cost involved for the government.But that was turned down by the bureaucrats as there was no incentives to them. more
The views expressed are definitely true. We have an established practice in our country that things move only with physical appearance of promoters. Perhaps, we have more face readers in Administrative Authorities and they lack in written communications.
The fundamental changes in working practices are yet to be adopted in the country and it may take some time untill our elected members start demonstrating such working. more
ups" they help materialize it ,
only with condition of addition of revenue to the govt dept and the opened
start up doesnt end into "bankruptcy"in 5 years.
On Fri, 21 Dec 2018 18:32 Manoharan Nair <firstname.lastname@example.org wrote: