Govt Plans Advisory Body For Startups

Some of the biggest names in India’s startup and technology ecosystem will be part of a committee that the government is forming to advise on reforms to further boost the country’s fast-growing digital economy and remove longstanding roadblocks.

Ride-hailing firm Ola founder Bhavish Aggarwal, ed-tech platform Byju’s founder Byju Raveendran, Infosys cofounders Nandan Nilekani and Kris Gopalakrishnan, and a number of global and home-grown venture capital investors, including Siddarth Pai, the founding partner of 3one4 Capital, are expected to be part of the Startup Advisory Council, people who were briefed on the developments told ET.

You might also be interested to read: GDP Advance Estimates: Govt Pegs Economic Growth At 5% For FY20

The Council will also be represented by government officials and regulators, they said. “It was felt that there should be a structured way in which the government engages with startups at regular intervals. So, we’re arranging the concerned people who deal with startups from the relevant ministries, people from the startup ecosystem — be it entrepreneurs, investors and thought leaders,” a senior government official told ET on condition of anonymity.

Source: Economic Times

Comments are closed.