Government Schemes and Grants benefiting Startups that all Founders must know about

  • Startups in the manufacturing sector are exempted from adhering to the criteria of ‘prior experience’ or ‘turnover’.
  • Guaranteed funds through National Credit Guarantee Trust Company or SIDBI over 4 years
  • No inspection with regard to labour laws during the first three years.
  • Environment law compliance is required only post-self certification.
  • Winding up of a startup is now much quicker, i,e. Just 90 days.

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