News Karnataka
Friday, June 02 2023

Rahul gets into business; State Govt assures new start-up policy

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Bengaluru: The state government on Friday, assured that it is committed to develop Bengaluru as a global start-up capital and in this regard it would soon launch a start-up policy. It would be a model for the world and the governments will also announce the setting up of a start-up fund along with the new policy.
rahulRahul Gandhi, Congress vice president interacted with CEOs of start-ups in the presence of Industries Minister R V Deshpande and IT-BT Minister S R Patil during his two-day Karnataka visit. CEOs of start-ups — Big Basket, Skanray Technologies, Dusters Hospitality, Portea Medical, Id Freshfoods, Healthkart, Robosoft Technologies, President TiE and Mandi Trades were part of the interaction with Rahul Gandhi.

Speaking to reporters Deshpande said, “After the interaction, heads of around 15 to 16 start-ups presented a slew of suggestions to create the best ecosystem for nurturing start-ups. We have formed a start-up council. We will incorporate their suggestions in the new policy. It would be the best and a model for the world,” Deshpande said.

“Rahul Gandhi, who had held a similar interaction with start-ups in New Delhi earlier this year wanted the Karnataka government to hold one more round of more focused deliberations with the start-up fraternity before finalising the new Start-up Policy”, Industries Minister R V Deshpande said and added that Bengaluru was at the 15th place on the list of world start-up hubs.

Several suggestions on improving the facilities for funding, registration, incubation and other aspects of the start-up ecosystem came up for discussion at the interaction.

Deshpande declined to mention the likely size of the start-up fund. A few representatives from the food products sector wanted the state government to bring in an amendment to the APMC Act to enable them to procure agriculture products directly from farmers.

Meena Ganesh, head of Portea Medical, who was part of the group which interacted with Rahul said she was happy at the way Rahul gave a patient hearing to all their suggestions.

She expressed hope that Karnataka would provide the best of incentives and policy initiatives to help the start-ups thrive.

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