Prime Minister Narendra Modi laid out an action plan for start-up enterprises, proposing self-certification related to nine labour and environment laws and said no government inspectors will visit start-ups in the first three years after their launch. Photo: PTI
A majority of the respondents to an instaVaani poll have backed the Start-Up India programme launched last weekend by Prime Minister Narendra Modi, who said the government would ease regulations and committed Rs.10,000 crore to fund fledgling companies.
Seventy-six per cent of the respondents (333 out of 437 people) to a specific question said they endorsed the initiative. And 72% (230 out of 320 people) said they thought it was a good way to spend taxpayers’ money, although some experts have questioned the government’s use of public funds as venture capital.
InstaVaani polled 567 respondents across all major metros to get a sense of what public sentiment is on the government’s start-up policy.
As many as 334 of the total respondents (59%) said they were not aware of details of the programme.
PM Modi laid out an action plan for start-up enterprises, proposing self-certification related to nine labour and environment laws and said no government inspectors will visit start-ups in the first three years after their launch. He proposed tax breaks and measures to loosen bureaucratic red tape.
[“source-Livemint”]
