Lift regulations on startups, help them flourish: Kiran Mazumdar Shaw
Jaipur- Biocon chairman Kiran Mazumdar-Shaw has called for relaxing rules for startups to help them flourish, stating that there are several “hidden regulations” in the government’s new policy.
“Even though the policy sounds very good, there are a lot of hidden regulations in that,” she said at a session titled ‘Beyond Jugaad, Making India Work’, during the Jaipur Literature Festival.
She was in conversation with FICCI secretary general A Didar Singh, former SEBI chairman D R Mehta, Ford India Chief Nigel Harris and author John Elliot. Shaw said that although Make in India was a good strategy, the more important concern was to concentrate on finding manufacturing opportunities of the future.
Mazumdar-Shaw also stressed for a reboot on the way different areas like manufact...