By Dipika Jaikishan, Co-Founder & COO of Basis:
“It’s no secret that women who run businesses are far and few in-between. Incentives for women entrepreneurs and investors backing women-run businesses will be a welcome change. While budgets year-on-year have been catering to the asks of the start-up ecosystem, a systemic nudge to bring more entrepreneurs into the fold should be encouraged by establishing SOPs in place — allowing women to take the plunge when it comes to running a business”.
By Mr. Aanan Khurma, Co-Founder & CEO of Wellversed:
“It’s futile to expect anything from the government when it comes to start-ups. Even the so-called Startup India Programme is of little actual help to entrepreneurs. For e.g. The government proudly claims that start-ups will not have to pay income tax for the first seven years of its incorporation. Now any real entrepreneur knows that anything worth building runs in losses for the first few years of it’s incorporation and hence such policies are just a way for government officials to pat each other’s back in the boardroom (probably over chai and samosas). So we don’t really think or care about what the government has on the charts for Start-ups as we understand that we are on our own.”
By Mr. Ashish Aggarwal, Founder & CEO of VA-YU.
“The EV industry is in need of funding and the government can play a major role by bringing it into priority sector lending and by financially supporting start-ups in this sector. GST on battery packs should be aligned with the GST on EV’s and the government should implement a cohesive strategy for the domestic manufacture of EV batteries. And lastly, while tax incentives are offered to individuals on EV purchase, the same should also be available for corporates and start-ups.”
