archivesoftware startups


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, 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...