5 Questions
What is the objective of the Start-up India initiative?
The objective of the Start-up India initiative is to foster innovation and promote entrepreneurship in the country by creating a conducive environment for start-ups to grow and thrive.
What is the corpus of the Fund of Funds for Start-ups (FFS) set up by the Indian government?
The government has set up a Fund of Funds for Start-ups (FFS) with a corpus of INR 10,000 crore.
How does the Credit Guarantee Fund for Start-ups support start-ups in India?
The Credit Guarantee Fund for Start-ups provides credit guarantee for loans taken by start-ups, helping mitigate the credit risk for banks and financial institutions, making it easier for start-ups to access loans.
What are some of the tax benefits available to start-ups under the Start-up India program?
Start-ups in India can avail tax benefits such as a three-year income tax exemption and a capital gains tax exemption if they invest the proceeds in specified funds.
How does Start-up India aim to facilitate business operations in India?
Start-up India aims to simplify the process of starting and running a business in India, thereby promoting ease of doing business.
Test your knowledge of funding and government initiatives for start-ups in India with this quiz. Learn about the various support mechanisms and funding opportunities available under the 'Start-up India' initiative launched by the Government of India in 2016.
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