States Should Replicate Telangana Model: RBI Committee

States Should Replicate Telangana Model: RBI Committee

Reserve Bank of India recently constituted an expert committee on MSMEs and the committee has submitted a report about the current environment for Startups in India and the best practices that should be adopted to encourage the Startups. The committee deliberated on all aspects relating to the startups in India.

It has opined that the Startups migrate to other countries because of the better enabling environment such as tax concessions, well-developed infrastructure, ease of doing business, exit policy, etc. The committee opined that similar financial incentives and excellent infrastructure facilities much to be deployed to retain successful startups.

The committee also added that Telangana has adopted an innovative model for startups which may be assessed for possible replication in other states. “Happy to note that the expert committee on MSMEs, constituted by Reserve Bank of India has appreciated the Telangana start-up model & suggested that all states emulate Telangana,” Former Minister KTR said.

This accolade is definitely an achievement to the newest state of the country.

Follow @mirchi9 for more User Comments
Ram Gopal Varma RGV 12 o CLOCK Movie-Don't MissAdult to Horror, Maverick Director's New MuseRam Gopal Varma has become the spinning mill coming out with back-to-back films as if...Bhanumathi-&-Ramakrishna-AHA-ReviewDon't MissBhanumathi & Ramakrishna Review- Simple Yet BeautifulBOTTOM LINE Simple Yet Beautiful OUR RATING 2.75/5 Runtime: 93 mins What Is the Film...47 Days ZEE5 Telugu Movie ReviewDon't Miss47 Days Review - Tests your Patience LevelsBOTTOM LINE Tests your Patience Levels OUR RATING 1.25/5 Runtime 1hr 44mins What Is the...Vundavalli Aruna KumarDon't MissTime to Kill 'Undavalli' Factor?Veteran Political Leader, Vundavalli Aruna Kumar who never hesitates to proclaim himself as a well-wisher...Allu Arjun's Smuggling Spot ChosenDon't MissAllu Arjun's Smuggling Spot ChosenAllu Arjun's fans are eagerly awaiting to know how and where the makers of 'Pushpa'...