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We are working to make start and exit easier for Start-Ups: CIM

Updated: Jan 16, 2016 04:33:04pm
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New Delhi Jan 16 (KNN) Union Commerce and Industry Minister Nirmala Sitharaman said that the Government is working to make it easier for the budding entrepreneurs to start a business or exit from it, giving boost to the Indian startup ecosystem.

She was addressing the launch of Start-Up India programme

"I understand that starting a startup is as much important as somebody wants to exit from it. The government is working to make the exit also (easy)," Sitharaman said at the 'Startup India' conference.

 "I am sure with these (measures), we will be doing the right thing for the startups so that they stay here in India "and not look at having a domicile somewhere else," said the Minister

"We have to see how best we can remove the clutter in such a way that your (startups) core business interest are the ones in which you are going to focus rather than think about what compliance have to be attended to," she added. (KNN Bureau)

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