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35 Startup Expectations From Modi 3.0’s First 100 Days

Inc42 · 1y

Now that the key ministry positions and council of ministers have been finalized for Prime Minister Narendra Modi’s third term, the Indian startup ecosystem is eager for action to address ongoing concerns. One major concern is the angel tax, a topic that was even included in the opposition's manifesto. Additionally, startup founders and investors believe that a dedicated fund should be created from the 76,000 Crore incentive package for semiconductor and ESDM startups. Other expectations include transparency in commercial agreements between partners and a lenient approach to regulations. The implementation of GDPR-like regulations and support for the EV sector are also anticipated.