500+ Words Essay on Start-up India
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- Divide your essay into 3 parts (each in a different paragraph).
- Introduction -> content -> conclusion.
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- Your essay should not be less than 300 and not more than 400 words
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Startup India is one of the dream project of the Modi government. After launching of the startup India campaign an environment of establishing ones own business was created. Which results in generation of new private job vacancies in different part of the country. These jobs were in IT industries, chemical industries, electronic industry and many more. It was a revolutionary campaign that helped a lot in enhancing the GDP of the country in adverse situation. At that time many countries were losing their economy. India is a country which is a service exporter but a lot of products are still imported by country to fulfil the basic need of common people. Due to vigorous import from countries like China, Japan and America, a lot of money spent in other countries which affects on the foreign exchange reserve. To save the foreign exchange reserve and to enhance the amount of American dollar in foreign exchange reserve. After launching of this startup India campaign many small industries of LED light, detergent powder candles and other handicrafts opened in many houses. If the startup India campaign will run for a long time and government of India will continuously provide facilities for the new startups the a day will come when India will become a world's biggest manufacturer and exporter of different products. But the main problem in India for this campaign is that many people thinks that doing startup business is risky a lot and money will drown. This mentality of drowning of drowning of money stops many youth for establishing new startups. The second biggest problem is that due to less liquidity and less money many people don't try to think on their innovative ideas.
Government of India should create more friendly environment for new upcoming startups to make India a manufacturing hub. More incentives should be provided to the new upcoming startups so that it will easy for common people to start new startups. Interests on the loan for the startups should be tried to reduce more and more so that low middle class people can also think for new startup business. NGT should make their process of applying for new industry more easy to enhance the startup India campaign.
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