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  • Post Budget Comments From Different Industry Experts

    Published on July 5, 2019

    By Aniketh Jain, General Manager APAC- Enterprise Cloud Business (Startup and Tech)

    12:04 PM: To start a new TV channel for startups under the Doordarshan umbrella. Channel to be managed by startups themselves, the FM says.

    Great initiative by the government. Government knows the potential in start ups.

    Starts up getting so much attention it’s incredible and this sector can solve some of our country problems

    In health care, education and infrastructure

    By Sumit Kumar, Director, Headsup Corporation (HR & Startup)

    12:04 PM: To start a new TV channel for startups under the Doordarshan umbrella. Channel to be managed by startups themselves, the FM says.

    “This is a good initiative by Government. However, the real benefit will come in terms of the kind of content which is generated. The platform must simple  and easy to grasp which provides ” Startup Literacy “. Further, the platform must focus on budding entrepreneurs and help them understand the Why? How ? When ? of starting up. Further, if the platform can also be created in multi-languages then it will help in penetrating to the rural areas across the country.”

    By Ankit Jain, Founder, My Operator (Tech & Startup) 

    12:04 PM: To start a new TV channel for startups under the Doordarshan umbrella. Channel to be managed by startups themselves, the FM says.

    Startups are an integral catalyst for boosting Indian economy landscape. The proposed TV channel for supporting startups and entrepreneurs in India, would certainly spread a new wave of hope in the startup community. It will benefit talented startups which dealt with challenges like exposure, branding  and may help in receiving funding from investors”

    Niddhii Kumar, Head of Internal Strategy, Knowlarity Communications Private Limited (Tech & IT)

    11:59 AM: Government to focus on new-age skills including artificial intelligence, 3D printing, which also have a market outside India, to enable people to get jobs outside India.  

    12:04 PM: To start a new TV channel for startups under the Doordarshan umbrella. Channel to be managed by startups themselves, the FM says.

    “Being an established startup that has been through the early startup phase, we feel that enablement from the ecosystem is essential. We try to do this for early stage startups through their early phases, including providing our services at the lowest of costs and forging partnerships that benefit them. This is the right time for the government to step in with  innovative ideas like this to help bring the community together while creating a stronger ecosystem of support amongst all stakeholders”

    By Ashish Munjal, CEO & Co-founder, Sunstone Eduversity (Education)  

    12:04 PM: To start a new TV channel for startups under the Doordarshan umbrella. Channel to be managed by startups themselves, the FM says.

    Creating visibility for Indian startups and networking for the arrangement of funds takes a considerable amount of time and efforts on the founders’ end. The inception of a TV channel dedicated to startups will ease out on these aspects and will help the founders to focus more on the execution of idea behind the startup.


    By Mr. Vivek Goyal is the Co-Founder of PlayShifu, an augmented reality technology startup  

    12:04 PM: To start a new TV channel for startups under the Doordarshan umbrella. Channel to be managed by startups themselves, the FM says.

    A dedicated TV channel managed by startups themselves is a tremendous way of spreading awareness about the innovation startups bring to Indian, and even global, economy. While startups can garner visibility through this channel, people can stay up-to-date with the latest developments in the Indian startup circle.

    It also proves that we are not just mimicking established ecosystems and the government is going out of their way to fuel the Indian startup circle.

    11:59 AM: Government to focus on new-age skills including artificial intelligence, 3D printing, which also have a market outside India, to enable people to get jobs outside India.

    I think it is a step towards a positive change that can change India’s international stance in terms of innovation. It’s time to change India’s face from a SaaS provider to a tech-savvy product creator! Technology like AI, AR, VR, 3D printing and more are already playing an instrumental role in connecting with the next generation by making products that they understand and were born and brought up with.

    12:44 PM: Propose to ease angel tax norms. Funds raised by startups will not require any scrutiny by the income tax department, the FM says.

    Angel is the most effective way of taking ideas from 0 to 1. As we have seen there is lot of growth capital available in India but innovative ideas from tier-II cities often don’t see the light of the day because of lack onf angels. Angel network needs to grow out of metros to tier-II cities to make India really a startup economy and such tax reforms will go a long way in doing that.

    By Ms. Sonica Aron, Founder & Managing Partner, Marching Sheep

    • Women self-help group interest subvention programme to be rolled out in all districts of India, the FM says. One woman in every SHG to be made eligible for a loan of Rs 1 lakh.  

    This is a very welcome move. Not only will this go pan India, it will also enable women to start their own initiatives. This will lead to independence and empowerment. Good thought, will need tight on ground execution.

    • To start a new TV channel for startups under the Doordarshan umbrella. Channel to be managed by startups themselves, the FM says.  

    This seems to be an Indian version of Shark Tank (USA) or Gragon’s Den (UK), and both these formats have been successful in setting up and promoting startups. This is indeed a good idea and we can learn much from existing formats and replicate for faster execution.

    • Government proposes to streamline multiple labour laws into a set of four labour codes.  

    This will indeed simplify things from the regulatory and compliance perspective. However, might prove to be challenging as our entire labour machinery will need to unlearn and relearn. Learning from the recent changes in company’s act and GST implementation, giving clarity of the change, how to execute, milestones and timelines would be critical so that industries find the change smooth.

    • Under the Swachh Bharat scheme, 9.6 crore toilets have been built since october 2014. Propose to expand scheme to undertake solid waste management in villages. 

    I think waste management is yet not fully implemented in cities and metros. Also, Public toilets need to be maintained. Waste Management awareness, drive, and implementation and compliance to the last household, driving recycling of waste at homes would greatly help.

    • Government to focus on new-age skills including artificial intelligence, 3D printing, which also have a market outside India, to enable people to get jobs outside India.

    New skills, upskilling is always welcome. I would request the government to also provide for education and skilling for employment of marginalised people like transgenders, differently abled, children who do not have access to basic education.  


    By Umesh Khatri(Cofounder, COO &CTO), Rgyan – A Socio Spiritual Tech Startup  

    In the budget presented by our finance minister, it is good to see that they are focusing on the innovative skills of artificial intelligence, 3D printing and others. This will really encourage in the growth of the startups in these sectors and people will get benefits of such technologies. Also giving a dedicated TV channel to the startups will help in creating more awareness among the mass regarding new innovations, upcoming future technologies, products and more.These factors will really help the startup sector to continue with the growth.  

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