Journal of Management and Science
Vol. 9 No. 3 (2019): Vol 9, Iss 3, Year 2019
Articles

Schemes and benefits offered by government of india in promoting startups

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  • Ramya S,
  • Nivetha R
Ramya S
Assistant Professor,Department Of B.Com ( Professional Accounting ), PSGR Krishnammal College For Women .
Nivetha R
III B.Com ( Professional Accounting ), PSGR Krishnammal College For Women
DOI: https://doi.org/10.26524/jms.2019.20
Published December 30, 2019
Keywords
  • startups, government, schemes, policies
How to Cite
S, R., & R, N. (2019). Schemes and benefits offered by government of india in promoting startups. Journal of Management and Science, 9(3), 176-186. https://doi.org/10.26524/jms.2019.20

Abstract

India is the second largest populous country in the world with 1.2 billion population strength. To cover up this large population there exist large potential ity of job market in India. According to the latest Asia Pacific Human Development Report, India is facing severe scarcity of job market; growth in unemployment among young graduates and it will last for next 35 years. According to Labor Ministry data, around 1 million people enter the workforce in India every month. To eradicate this scarcity of job market, ours Honorable Prime Minister Dr. Narendra Modi, announced on 15th August 2015, “Start Up India, Stand Up India” to p romote Bank Financing for start ups and offer incentives to boast entrepreneurship and job creation.

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