Monday, Jul 15 2024 | Time 04:27 Hrs(IST)
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Business Economy


Proposal to start TV programme within DD bouquet of channels for start-ups welcomed

New Delhi, Jul 5 (UNI) Start-ups on Friday welcomed the Government's proposal in the Union Budget 2019-20 to start a television programme within the DD bouquet of channels exclusively for start-ups.
In its reaction, Letstrack, an IOT based tracking solution company, said the Union budget has created a supportive ecosystem for startups as they are planning to make a channel where startups will be promoted, they can discuss their problems and also the Venture Captial Investor will get a platform for investment.
''We are really encouraged that the digital track taken by the government is surely matching the 3 trillion view. Also other measures announced such as ease of angel tax will make it easy for investors to invest in startups,'' the company said.
Union Finance Minister Nirmala Sitharaman in her Budget speech proposed to start a television programme within the DD bouquet of channels exclusively for start-ups.
This will serve as a platform for promoting start-ups, discussing issues affecting their growth, matchmaking with venture capitalists and for funding and tax planning.
This channel will be designed and executed by start-ups themselves.
UNI NY JW2019
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