Essay on Startup India for Class 10, 12, Mains Exam (UPSC, PSC, SSC)
Startup India Essay : Startup India is one of the most helpful scheme started by the Indian Government, launched on 16th January 2016. Startup India was to bring together talented people who wanted to start their own businesses but did not have the investment required to do so.
Start up India has provided Indians to be more self sufficient and self employed by provided various Startup schemes that made it easier for youth to explore and venture into new businesses with minimal cost expenditure.
Startup India has been a great achievement in terms of self sustaining the unemployed youth who have completed their degrees but find it very difficult to get jobs. This has brought more innovation and advance technologies into the system as the unemployed intelligent youth can invest their time and efforts into more innovative businesses.
Startup India has also made it convenient for youth to work from their homes, there by again reducing the investment cost on buying or renting place of business. Startup India schemes include reimbursements of electricity bill, rent cost, employees salary cost and other operational cost, thereby minimizing the expenditure and profiting the businesses.
Various tax exemptions limits have been intruded for startups to reduce the tax burden on their businesses. Several work stations have been introduced making it easier for individuals to get access to wifi and technology. These work stations charge a minimal monthly or yearly fee to individuals availing these services. Training programs also are being provided at such work Station to enhance their skill sets and enable them to meet their business requirements.
The government has introduced Startup website as well as mobile app to facilitate easy access for registration, documentation for new startups. This provides speedy registration process and also speedy solution of griviences. This also provides individuals to keep themselves updated with new schemes, learning and certifications.
The startups must be registered as a partnership firm, private limited or limited liability partnership. Each type has different criteria to get access to these schemes. Startups also get loans from bank or other benefits from government agencies at low interest rate. Also making it easier for the startups to clear these loans and lowering the burden of loans as well.
Most of these Startup hire interns by providing internship programs on which after completion of the program which may be for 3 months to 6 month are facilitated with Internship Certification. These Certifications form and integral part to add value to the interns career development process.
Startup India will enable the youth to be more self sustaining, career oriented and help them bring innovative ideas towards their businesses. Every Indian must take advantage of these schemes specially the ones who find it difficult to get jobs in current scenario.
For more Essay like Startup India essay Students and Children can click this Essay link – Click here