Monday, October 7

Indian Govt Proposes Exclusive Channel for Startups

India’s Finance Minister Nirmala Sitharaman proposed to set up an exclusive television channel for start-ups that will serve as a platform for discussing issues affecting their growth, funding requirement and tax planning.

Presenting the Budget for 2019-20, Sitharaman proposed to start a television program exclusively for start-ups that will be executed by start-ups themselves.

“This shall serve as a platform for promoting start-ups, discussing issues affecting their growth, match-making with venture capitalists and for funding and tax planning. This channel shall be designed and executed by start-ups themselves,” she said.

Commenting on the announcement, the Commerce and Industry Ministry said that it would be within the DD (national broadcaster) bouquet of channels.

The channel will be designed and executed by start-ups themselves.

Commenting on this proposal, Pixr8 News founder Nitish Singh said, that a dedicated channel will definitely lead to awareness amongst the public at large about the scope and opportunity the start-up ecosystem offers.

This proposal will have a game-changing effect on promoting micro-entrepreneurs across the country particularly, in smaller towns.