Shri Amitabh Kant
Secretary - DIPP
Ministry of Commerce
----------------------------
Dear Sir :
Just read that the task of " Start Up : Stand Up
" initiative announced by Shri Narendra Modi in his Independence Day
speech , has been entrusted to DIPP
The question that you must be debating in your mind
could be :
How can we
ensure that millions of new Start Ups are born and nurtured ?
During your talk at Jai Hind College ( Mumbai ) on 05
Sept 2015 , you held out one approach , viz :
No need for making any application to any Government
Agency for grant of any permission / approval , to set up a Start Up
Apparently , you are trying to distinguish Start Ups as
a new ,
" Category
of Businesses "
A category quite
distinct from MSME
Such " Out of Box " thinking has many
advantages
It will enable us to treat Start Ups as " Business
Class " governed by totally different set of rules / regulations / laws
One revolutionary way to treat them separately , should
be :
No Income Tax of any kind for the first 10 years of
operation as a Start Up !
Conditions :
* A Start Up
must register on Income Tax Dept web site , as a " Start Up "
* Must file each
year, START UP ZERO TAX RETURN, quoting
Start Up No
If implemented , this one " Innovation
" will set in motion , the following :
> Billions
of Rupees will flow into setting up of Start Ups
> Black
Money will flow into the main stream of national economy
> All
business transactions ( receipts / payments ) will become official
> Millions
of new bank accounts will get opened / active
>
Collection of GST will sky-rocket
> Millions
of new jobs will get created by these tax-free Start Ups
> Thousands
of tiny factories / workshops will crop up everywhere
> Share of
Manufacturing in GDP will cross 25 %
> Capital
Goods Industry ( Mother of all industries ) will go double-digit
> Exports
will rise and current adverse Trade Balance will decline
> 3 million
youths, graduating each year ,will set up Start Ups from homes
> Decreased
agitation re " Quotas / Reservations "
> Many
unforeseen advantages
Of course , eminent economists ( and sundry naysayers )
will say :
Unworkable / Impractical / Horrible / Disastrous /
Dangerous , idea !
I would be happy , if anyone has a better idea that
will create 10 million Self Employed , every year
On other hand , an Online Survey among millions of
ordinary citizens will settle whether this idea will work or not ( most popular
Opinion Poll ever )
If conducted thru a Mobile App , 200 million Smart
phone owners will respond to such a survey in 10 days !
-------------------------------------------------------------------------------------
hemen parekh
08 Sept 2015
--------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------
Make
Yourself Heard
Dear Visitor :
It is time for YOU to speak up - and demand that YOU
are heard
By emailing this suggestion - incorporating your OWN
improvements - to the following Policy Makers
( Just multiple
copy all the following Email IDs into the Recipient column of your Outlook and
Copy / paste this suggestion in the Message Box ) :
narendramodi1234@gmail.com;
38ashokroad@gmail.com;ajaitley@del5.vsnl.net.in;
jayant.sinha19@sansad.nic.in;piyush.goyal@gov.in;nitin.gadkari@nic.in;
spprabhu1@rediffmail.com;bandaru@sansad.nic.in;smritizirani@nic.in;nsitharaman@nic.in;
ravis@sansad.nic.in;sureshprabhu@irctc.co.in;prakash.j@sansad.nic.in;secy-ipp@nic.in;
amitabh.kant@nic.in; shaktikanta.das@nic.in; rsecy@nic.in; adhia1981@gmail.com;
ceo-niti@nic.in; atul-chaturvedi@nic.in; uma.bharati@sansad.nic.in;
d.pradhan@sansad.nic.in; rprudy.office@gmail.com; rudypr@rediffmail.com;
eam@mea.gov.in; mosvks@mea.gov.in; mvnaidu@sansad.nic.in; mnaqvi@sansad.nic.in;
rao.inderjit@sansad.nic.in; mljoffice@gov.in; sadananda.gowda@sansad.nic.in;
ministerminority@gov.in; najmah@sansad.nic.in; minister-ca@nic.in;
ramvilas.paswan@sansad.nic.in; gandhim@sansad.nic.in;
akumar-alpha@sansad.nic.in; jpnadda@sansad.nic.in; hm.moca@nic.in;
geete@sansad.nic.in; simratbadal@yahoo.com; ns.tomar@nic.in;
rmsingh@sansad.nic.in; tc.gehlot@sansad.nic.in;
dr.harshvardhan@sansad.nic.in
No comments:
Post a Comment