The Union government launched PM Narendra Modi’s initiative ‘Startup India Standup India’ on 16 January 2016 in New Delhi. PM Modi attended the launching event of Standup India Startup India. Now the big question or big task is not how to drive entrepreneurship in the country but to drive entrepreneurship in bureaucracy too.
The Government has announced Rs 10,000 crore fund the government is planning set up because the government is never efficient in allocation of growth finance. It neither has the expertise nor is it the job of the government to do so. The government has to look system and environment for startups. Prime Minister Narendra Modi and his team need to see how the action plan for startup is used in such a way that it can improve executive decision making within the bureaucracy.
The spirit of entrepreneurship needs a boost not just through the minor tax adjustments. If the spirit is absorbed well it will do wonders for job creation. The small guy, the one who walks into a government office for work or clearance. What he wants is a chance in attitude towards him. He is the one who needs a boost — a play in the government purchase system.
Currently he is looked upon with suspicion because he is small. He is not looked at as a guy who is trying hard to realise his wonderful dream. There is little admiration for his efforts. He could have been job chaser, pen pusher, but he will be the job creator given a chance. Increasing his chances to survive is what is needed.
The spirit of entrepreneurship is all about a government seeing an entrepreneur as a key driver of growth and jobs creation. It should have been for venture capital firms registered in the country. This would have helped increase local funding.
Entrepreneurship within the government, the startup mission should be used as a project to build a team of young bureaucrats who will help in implementing the promises made in the action plan. If this team of bureaucrats can understand that execution and completion is important, they will help transcend the current morass of non-performance.
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