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Assam Govt partners with Invest India, aims at enabling supportive startup ecosystem

Updated: Jul 21, 2017 12:28:30pm
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Assam Govt partners with Invest India, aims at enabling supportive startup ecosystem

New Delhi, July 21 (KNN) In a bid to facilitate the ecosystem for startups in the state, the Assam government recently announced collaboration with Invest India that comes under the Startup India initiative of the commerce and industry portfolio.

Under the collaboration, an entrepreneur friendly system will be rolled out to assist the small startups in implementing their projects and ideas.

Also the Invest India is assisting the Assam Government in drafting the state’s first Startup Policy under the Department of Industries and Commerce. The policy includes several steps such as incentives, subsidies and single window clearance.

The Government aims to transform Assam into a startup for the north-eastern part of the country. Experts view the policy as a good step to help the region generate employment as well as to contribute to the overall economy.

The first draft of the policy has been released and the government is seeking feedback from various stakeholders to develop further. (KNN/ DA)

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