Start-up India, has set the stage for nurturing entrepreneurship and start-up ecosystem in the country. But access to capital is not the need of the hour. Government has a crucial role to play in the ecosystem of being the enabler more than participant. We are hoping that budget 2016 will meet expectations in that sense.
Policies and regulatory measures that provide ease of doing business are very important. It remains to be seen whether TaxHoliday will be extended to service tax and ease of filing tax returns as well. Verdict on implementation of GST will be a game changer. To promote entrepreneurship, angel investment should be exempted from taxation. Government should also work towards bettering the infrastructure and enabling easy access to real estate space.