Startups Will Never Be Harassed, Says Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Wednesday assured that start-ups will never be harassed and that the government is taking steps to promote them. “I assure you that start-ups will never be harassed. They have to do the limited activity of registering themselves so that good law is not misused by a few people,” he said here at a function.

The minister said the government has come out with clarifications that startups would not be asked any questions if they are registered with and recognised by the Department for Promotion of Industry and Internal Trade (DPIIT).

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“Few investments which are genuine investments in startups possibly got notice probably seeking some information. I think there is no harm in giving that information,” Goyal said.

Source: Economic Times

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