Start ups
As a retired engineer I am very much concerned about what ails India and the current business climate.Majority of young enterprenuers do not have time to knock at the doors of bureaucrats from the lower levels to decision makers. There is no change in BJP rule as well,even after 3 years of governing. People find the administration is focusing on irrelevant subject like,cows,ram,liquor,etc.
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
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
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1.Excellent comment.Govt must wake up.The ministry in charge of "start up must " intervene.Why not you send twitter to Hon.P.m? more
Dec 23
Absolutely correct. Mr. Modi just simply talks & announces & coins some "jumlaa" like 'MAKE IN INDIA', 'EASE OF LIVING' etc. & fails in implementation. He has failed miserably. Nothing has eased for anybody except BIG BUSINESS, Oil Marketing Companies, Reliance Ind.. This is the main reason for loosing three states of Rajasthan, M.P. & Chhatisgarh other than miserable showing in Telangana. Talking about Ram - well Modi has failed there too in giving Ram Mandir, Kashmir 35A, 370, Common Civil Code etc. BJP will lose in 2019 - we are moving towards BJP mukt Bharat instead of Congress mukt. more
Dec 23
Dear Manoharan Nair ji & Members, 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
Dec 23
When beurocrats will be given yearly increment on the basis of no of "start ups" they help materialize it , BUT 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 more
Dec 23
Proper system and execution speed ( in accepting or rejecting the proposal) is the key. Though many projects do not need prior permission or license due to various bureaucratic hurdles it get stuck at unexpected nodes. more
Dec 22
