NEW DELHI: On the occasion of the first anniversary of the Startup India initiative, Commerce and Industry Minister Nirmala Sitharaman expounded on the progress the programme has been making since the idea was first mooted by PM Narendra Modi in his Independence Day address in 2015.
“Based on the feedback we are getting, we have come to an understanding that entrepreneurs are getting better access to funds – both through the private sector as well as from the government – since the policy announcement made last year,” said Sitharaman. “We are looking to see how this process can further be expedited and simplified,” she added.
Talking about the oft-discussed ‘fund of funds’,…