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  1. Have a question on start-ups? Here’s how to ask commerce minister Suresh Prabhu directly

Have a question on start-ups? Here’s how to ask commerce minister Suresh Prabhu directly

Want to start-up your business, but unsure about how to proceed? You can get all your doubts cleared by posing questions directly to Commerce Minister Suresh Prabhu.

By: | Updated: May 14, 2018 2:52 PM
“Dear friends I will be answering questions on #StartupIndia in a live session on 16th May,” Commerce Minister Suresh Prabhu tweeted.

Want to start-up your business, but unsure about how to proceed? You can get all your doubts cleared, and commerce minister Suresh Prabhu will answer them directly. In a major step to boost entrepreneurship in India, the Narendra Modi-led government has planned a live session to take on questions from the public. The session will be organised on Twitter, and those interested can send in their questions using the hashtag #AskPrabhu. “Dear friends I will be answering questions on #StartupIndia in a live session on 16th May. Send in your questions using hashtag #AskPrabhu .Select questions will be answered. Look forward to a fulfilling engagement,” Commerce and Industry minister Suresh Prabhu tweeted.


According to a survey conducted by Entrepreneurship Development Institute of India, only 5% Indian adults take-up establish own business, underscoring that the Narendra Modi-led government’s dream to transform India into a hub of start-ups and innovation remains elusive. The recent survey further highlights that only 11 per cent of India’s adult population is engaged in “total early-stage entrepreneurial activity (TEA).”

Entitled Global Entrepreneurship Monitor (GEM) India Report 2016-17 says that the 5% rate is among the lowest rates in the world even as business discontinuation rate remains one of the highest in the globe at 26.4%. Laying emphasis on breeding homegrown entrepreneurs, the Narendra Modi-led government had launched  a Startup India campaign in January 2016 which provided various incentives such as tax exemptions, patent reforms, and incubation programmes aimed at providing the much needed thrust to start-ups. However, the survey’s lacklustre numbers may serve as a wake-up call for the government.

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