Research Scholar, Department of Commerce, Bangalore University
Online published on 20 June, 2019.
India is one of the fastest growing economies in the world by the year 2025 as per projections made by internationally renowned consultants and IMF. It has been ranked among the top 3rd Position among Global startups Ecosystem and largest emerging market hub. According to the National Population Commission, India will add 173 Million people in working-age population by the year 2026. This will act as a vital point in making India a world leader in coming years. The New Government an urge of attracting more Foreign Direct Investments and smoothing Ease of Doing Business in India through innovative schemes, policies like Make in India, Digital India, Startup India, Stand up India, one country one market, one country one tax, Smart City Projects etc., for create more job opportunities to the Young population. ButIndia have Complex tax policy, Composite laws, delay in policy making, problems in Intellectual Property rights, Lack of bankruptcy and trade policy are denying FDI, Ease of Doing Business and startups in the Country. In order to cater to the present day requirements of the economy, a need has been long felt toStudy Startups and Ease of Doing Business Policies in Brazil, Russia, China, South African, Singapore, New Zealand, USA, and UK countries to study and Understand the Importance of Government Policies to Empower Startups in India. For the purpose of study secondary data has been collected, processed and presented in the form of tables and figures and the analysis was made with help of relevant statistical and mathematical tools such as Mean, Standard Deviation, ANOVA and Tamhane Test.
Government Policy, Ease of Doing Business, Startups, Economic Growth, Employment Generation
