News Startup India plan: Who said what

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Here's a look at who said what at the event:


PM Narendra Modi
Startup India is more about what the government should not do than what it has been doing.We will also make 80 per cent reduction in patent registration fees.

Arun Jaitley
Finance Minister Arun Jaitley said that the government has already worked upon an entrepreneur-friendly taxation regime for startups. There are some steps, which can be taken up by notifications, which would be taken forthwith. He assured the startups that both the banking system and the government will make the resources available to them.

Union Minister Nirmala Sitharaman

The government is working to make it easy for budding entrepreneurs to start a business or exit from it, giving boost to the Indian startup ecosystem, Union Minister Nirmala Sitharaman said today. "I understand that starting a startup is as much important as somebody wants to exit from it. The government is working to make the exit also (easy)," Sitharaman said at the Startup India conference.

Ficci president Harshvardhan Neotia

Neotia said that it is indeed a landmark moment and a major shift as startups are looking at an unshackled regime where government would merely be a facilitator of the entrepreneurship.

"We are sure that the ecosystem that has been envisioned and the incentive being provided as part of this strategy for startup India will encourage a large number of young entrepreneurs in the country to come forward with innovative startups," he added.

Travis Kalanick, co-founder and chief of one of the world's most valuable startups, Uber

"I lose sleep because of competition but that sleep I lose is similar to what the Honourable Prime Minister (Narendra Modi) was talking about. That sleep I lose is about how to serve people and cities better. So I like that it is hard, I like the challenge and we feel pretty good about how we are doing so far," Kalanick said on the sidelines of the Startup India event.

SoftBank President Nikesh Arora

Indian eCommerce players need to think how long they can continue with their "deep discounting models" and instead these startups should focus on better customer experience and satisfaction to excel and survive, SoftBank President Nikesh Arora said.


Startup India plan: Who said what : India, News - India Today
 
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