Govt To Offer Incentives To Boost Software Startups In India
In a bid to create an ecosystem that encourages new startups in the country, the government has taken an initiative to offer fiscal incentives to software start-ups. The aim behind the move is to bring in and sustain 10,000 new start-ups, which are expected to create 3.5 million jobs, directly or indirectly. According to the news published in an online portal pc-tablet.co.in, with this particular initiative, the government aims at helping the sector account for $100 billion of India’s total GDP (around 1600 percent growth from the current $6.1 billion). The...