Start-up India Stand-up India Essay: Startup India and stand up India are both schemes by the Government to promote better economic growth and development. The systems allow people to do entrepreneurship. Startup India promotes initiatives and new ventures while standing up India promotes entrepreneurship among the scheduled cast and scheduled tribe women.
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Long and Short Essays on start-up India Stand-up India for Students and Kids in English
In this article, we have provided a long essay, a brief account, and ten lines on the topic, to help students to write these essays in their examinations. Given below is a long essay composed of 500 words and a brief composition comprising 100-150 words, on the topic, in English.
Long Essay on Start-up India Stand-up India 500 Words in English
Start-up India Stand-up India essays is usually given to classes 7, 8, 9, and 10.
The start-up India and stand up India schemes have been launched by the Government to inspire and encourage people to start their business ventures. The start-up India scheme grants recognition to eligible companies as start-ups by DPI. This helps the companies to access benefits, secure compliance, and fast-tracking IPR.
The Indian prime minister has first declared the campaign, Mr. Narendra Modi in his Independence Day address from the Red Fort, in 2015. The plan of action for this program concentrates on three main areas, handholding, and simplification, funding incentives, and initiatives, partnerships with industries that are relatively new. Under this scheme, a start-up is an industry or venture which was opened ten years ago and had its headquarters in India. Under the start-up India initiative, the Government can launch programs to help Indian Entrepreneurs build mobile start-ups.
The scheme allows a 10,000 crore funding pool to start-up and initiatives. Under the start-up India scheme, there are no inspections for the first three years of the operation. Applying to the program is also beneficial because of freedom from paying the Capital Gain Tax for the first three years. Apart from these benefits, the scheme also promises self-certification compliance, freedom from paying taxes for the first 3 years of the operation, creation of an innovation hub, and building new systems to offer IPR protection to new ventures.
The initiative is vital and beneficial for the youth in both rural and urban areas. Entrepreneurship has become a very successful and widely respected profession in the past few years. Young people often struggle with finding their new start-ups because financial conditions become a problem. Today’s youth has very innovative ideas, and if only they can get a little financial aid from the Government, they will be able to build the best business capitals. Rural youth also get benefits as the scheme gives them the exposure they require.
Stand-up: India is also a scheme that seeks to support entrepreneurship, but the project is more specific as it only applies to SC/ST women. The rural communities of India, especially women of scheduled castes and tribes, have been suppressed for a long time by the so-called superior castes. This initiative supports new ventures devised by the woman of such depressed communities, specifically the SC and ST. The Prime Minister announced the scheme on the 5th of April, 2015. The project extends bank loans ranging between 10 lakh and one crore INR for scheduled tribes and scheduled caste women who seek to build new start-ups outside the agricultural sector.
This is a brilliant and effective way of supporting the development of small scale industries, which helps boost the economy. This scheme also allows women with refinancing options, which means that the plan is also open to those women who have already set up their initiatives but still fall under the category of the start-up in India.
These schemes must help the economic sector and help young people and depressed women become more financially independent.
Short Essay on Start-up India Stand-up India 150 Words in English
Start-up India Stand-up India essay is usually given to classes 1, 2, 3, 4, 5, and 6.
The stand-up India scheme extends a lot of help to women of the scheduled castes and scheduled tribes. Under the program, they can get bank loans of handsome amounts which will be financial aid for them to set up their businesses.
The scheme also educates and teaches women about entrepreneurship, which is essential for running a business. They come to know about registrations that are done online, information related to the scheme, and guidelines about bank usage and terminology. The start-up India scheme also has many benefits. It promotes easy winding up off companies and tax exemption for the first three years. This helps young people to settle down in their business and make more profit.
- The schemes are launched by the Government of India to promote entrepreneurship and financial independence.
- The start-up India scheme provides funds and recognition to new initiatives.
- This scheme is beneficial in many ways as it provides self-certification compliance and funding.
- The scheme also allows tax exemption for the first three years, helping the new settlers make some profit.
- The stand-up India scheme is another scheme that promotes entrepreneurship exclusively among scheduled caste and scheduled tribe women.
- This scheme helps them to get bank loans and set up their start-ups.
- This scheme teaches and educates women about the various technicalities of their business, bank terminology, etc.
- Stand up, India provides an opportunity to women belonging to depressed castes to become independent.
- Both these schemes are very efficient in creating a country with significant economic developments.
- The schemes fuel small scale industries that boost the economy.
FAQ’s on Start-up India Stand-up India Essay
How can I apply to start-up India?
One can access the official website of the start-up India scheme and fill-up the form, make the initial payment, and get a certificate.
What is entrepreneurship?
It refers to setting up one’s own business and starts up. It is essential for youths who have innovative ideas for business.
What is the requirement for applying to stand up in India
A woman must belong to the scheduled caste or scheduled tribe community to be eligible to apply to this scheme.
What is the eligibility for start-up India?
A start-up must be based in India to be registered in the stand-up India scheme by the Government.