GET OUT OF THE WAY !

When Shri Modiji went to USA in Sept last , he visited Mark Zuckerberg ( Facebook ) and Elon Musk ( Tesla )

Idea was to learn / find out :

How to go about creating a " Start Up Culture " in India - similar to one prevailing in USA ?

What shall NDA Government do to encourage hundreds of Start Ups to spring up in India ?

We may never know what exactly they told Shri Modiji

But , we can guess that it was somewhat along following lines :

"  Let them alone .  Get out of their way . "

My Suggestion :

"  Enable them to start their ventures with just ONE / SINGLE / ONLINE registration , on web site of Income Tax Department by entering their Aadhar Number / Jan Dhan bank a/c Number , in order to get exempted from Corporate Income Tax / Personal Income Tax , for 10 years "

  

If such advice sounds somewhat " Out of this World " , here is proof of how US government goes about encouraging American Start Ups , by " Getting Out of the Way "

By reversing decades old Space Law , last week , Barack Obama signed a bill that will allow Private US companies and US citizens ,  to mine asteroids / mine resources out of them / own the mined materials they find etc  !

Would you say, a giant step for " Mankind "  or for  " American Start-Ups " ?

Idea is to :

*   Get rid of unnecessary regulations

*   Make it easier for private American Companies to explore Space-Resources commercially

*   Unleash America's imagination :  De-limit America's horizons

What should be a simple " definition " of a Start Up in India ?

"  Any person who is not a salaried employee of another person or Organization and wants to become self employed  "

If my suggestion gets implemented , none of those 12 million Indians joining our work-force every year , would want a salaried job !

If you can’t explain it simply, you don’t understand it well enough.

-        Albert Einstein

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hemen  parekh

02  Dec  2015

B2BmessageBlaster

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