Looking for startup india benefeciaries
Can I ask all startups and smes to advise if they have benefitted from any of the attached.
I want to understand whether all of this is paper talk or are ppl actually benefitting? more
I want to understand whether all of this is paper talk or are ppl actually benefitting? more
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This is not only enough, if you are not powerful or capable to fight with local support either in bank or government /semi government authorities you cant enter even. they straight refuse to receive your application. i am an NRI in equipment related services, i start my own setup in Greater Noida site-c, you cant imagine i paid 4 lacks rupees under table to transferred that property even after clearing all due & all legal formalities. big jokes is local authorities personal who don't know the meaning of norms and policy guideline trying to teach you. as example my business profile for Equipment related services as Training of operators/ TPI of lifting equipment/ SAL of equipment's/ sale ,purchase , renting repair etc, for that i am setting up my w/shop in Site -c, i invest more than five crores from my pockets and sold my own house and other assets, finally i feel that i need more money to complete set up. due to lac of funding my construction also stop and i try to all expected sources / policies and failed, Resulting i came back again my old job IN MIDDLE EAST so that i can earn more money to complete my set up. MY MISTAKE, I WANT SERVICE TO THE NATION WITH MY EXPERTISE & EXPERIENCES. Can you imagine For registration in PMSDP They refuse to enrolled, i paid them inspection charges and fees but now they says your payment laps. Even for vendor registration in various sector as service provider you need to pay them money Govt or semi Govt everywhere till today Nothing change. all you hearing that is only on paper of Media. We always comparing our development to neighbor country china, i feel same when our economist & policy makers criticizing. i think till next 100 years India cant achieve that Growth and infrastructure development. 99% people only study in book or just they make story in his bedroom they are for away from reality. more
Nov 18
my last post around six month back or more than, since then i am watching only because i come to know that even on this platform most of them highly educated and well known about Indian bureaucracy, they spend max time in manipulation of system and advising negative instead of accepting reality. its seems that they are basically here to convinced you that everything is going, all policies in favor of a common man. but reality for away from ground, i started my business in 2010, spend more than 6-7 crore finally i fed up and went to bank for loaning. i visited IDBI, SIDBI, SBI, PNB, AND many private banks also everyone has refused. i spend my money, i have my fix asset property value more than 2.5 crore which i mortgage instead of that i didn't get any help. i dont think that anyone of real needy can have benefits of policy. finally i visited ministry of industry and met Mr Pawan Agrawal he advise me and gave some guideline under the policy, i filled application and invewed / passed declared eligible but till now im running many bank no one ready to pay that money none of bank ready to pay that money even this is not belongs to them. so dear all policies and promotion are only for few those who are well know the Indian corrupt system. more
Nov 17
Many times, entrepreneurs do not even try out on Government schemes fearing that things will not work out. However, there is genuine scope for some of these initiatives. Agree that some of the methodologies used are old school thoughts. Entrepreneurs need to reach out. We do make a lot of efforts to reach out to VCs or big customers. Why not here? Having said all these, I know couple of start-ups who got benefits out of Start-up assistance program. Until then, I was also on other side of the fence. more
Nov 15
Based on our experience, we failed to get funds in the range of 15-16 crores for setting up manufacturing facility in NCR. That facility will have benefited the society and environment both. We do not think that any thing will go in the right perspective on merits in our country. more
Nov 13
I recently launched my startup. Looking out for space at nominal rate... Could not even find where the incubation centre is located in chennai, leave alone taking space on subsidised rates. The so called IIT-M incubation centers are still charging high prices per seat. I get mails from banks even before the MCA approval mail is received. Why not govt campaign like that. As Mr. Sarma mentioned, was not even aware that there is a loan available for startups until a bank guy mentioned about it during the sales pitch for current account opening. even banks are not ready to recommend the startup account which is eligible for 0 balance. we had to do all the ground work and negotiate to our benefit. more
Nov 13
