Indian startups have got negligible support from Modi govt, claims Kharge

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Indian startups have got negligible support from Modi govt, claims Kharge - PTI News Dated:- 16-1-2025 PTI - News - Indian startups have got negligible support from Modi govt, claims Kharge - - - Dated:- 16-1-2025 - New Delhi, Jan 16 (PTI) Congress president Mallikarjun Kharge on Thursday claimed that Indian startups have got negligible support from the Narendra Modi government, alleging it has on .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ly built a "startup of fakery" in the last nine years. He also said whatever growth has taken place in the startup industry, credit should go to the entrepreneurial spirit and ingenuity of the startups and not the Union government. "In 9 years, the Modi Government has only built a 'Startup' of Fakery! Fact is '? Indian Startups have got NEGLIGIBLE support from the Modi Government," he said in a po .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... st on X. "Reality Bites - Only 1.58 percent of recognized Startups have been approved for Startup India Seed Fund set by GOI. More than 97 percent haven't got any Tax benefits. "The BJP promised Rs 20,000 Crore Startup Seed Fund but Modi Government has only approved funding of just Rs 454.04 crore," he said. The Congress chief said recognized startup has being approved of just Rs 32.65 lakh as ave .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rage funding. In 2024 alone, more than 5000 startups were forced to shut, he claimed. Kharge said at least 1,56,000 startup jobs have been lost since 2020. "Hollow Sloganeering + Loud Propaganda = #9YearsOfStartupIndia by Modi ji," he said. PTI SKC ZMN ZMN - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax - New .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax