For the second time, Goa extends the validity of its Startup Policy till September 2021

Goa extends the schemes and benefits of the Startup Policy, 2017 for 6 months, valid up to September 27, 2021.

The Department of Information and Technology in Goa has extended the validity of the Goa Startup Policy, 2017 for the second time as the government was unable to finalise the new policy draft. Now, the schemes and benefits of its existing policy have been stretched for 6 additional months, valid up to September 27, 2021. The notification regarding the policy extension is expected to be issued shortly, read reports.

Young entrepreneurs need to wait for Goa Startup Policy 2021

The Goa Startup Policy 2017 first lapsed in September 2020 and was extended until March 27, 2021. During this time, the state government was expected to finalise the draft of the new Startup Policy 2021. However, the startup promotion cell director and director for information and technology recently stated that Policy 2017 has now been extended for a brief period from March 28, 2021, to September 28, 2021.

The Startup Promotion Cell (SPC) has carried out significant work on the draft of the new policy with the learnings acquired from a discussion with the local startups and startup ecosystem stakeholders. Inputs were also sought from the Centre's Department for Promotion of Industry and Internal Trade (DPIIT).

Reportedly, the Startup Policy 2021, in making, is more inclusive, covering non-IT cells also and this delay will affect new and budding entrepreneurs, especially women, who were counting on the new scheme. The current policy offers 14 incentives and the SPC has received as many as 77 applications from new ventures for the same. A maximum of 68 companies have applied for 3 scheme while 9 opted for 5 schemes. No application has appealed for the remaining 6 schemes.

Startup Policy 2021 to be a game-changer

The Start-Up policy 2021aims to completely change the definition of a startup from the existing cut off of Rs 25 crore annual turnover to Rs 100 crore annual turnover. The IT department too vision to include more tech firms under the expanded reach of the new policy, which will replace the Goa Startup Policy 2017.

As per reports, the new policy will be a game-changer as it targets to create at least 500 innovative, technology-enabled startups over the next three years, which should potentially create employment for at least 6,000 locals.

Join hands with Knocksense Plasma Drive & help boost Lucknow's COVID-19 recoveries

Knocksense Lucknow's Plasma Drive is a volunteer registration programme for plasma donation.

Amid the high spike of COVID cases and staggered recovery due to the shortage of resources, Knocksense Lucknow has initiated a Plasma Donation Drive to boost coronavirus treatment across the city. As the name suggests, this is a 'volunteer registration programme' for plasma donation which will help create a database of eligible donors, who have recovered from the infection in the last 2 to 4 weeks. These details can then be availed by people in need, saving plenty of efforts in the hour of emergency.

Keep reading... Show less

Essential vendors to receive COVID jab on priority in Jaipur & other districts in Rajasthan

Vegetable sellers, grocery store owners & people selling other essentials like milk, medicines will be vaccinated first

Keeping in view the steep spurt in COVID-19 cases, the Rajasthan government on Tuesday, issued instructions stating that citizens above 45 years of age, selling vegetables, milk, groceries and medicines, will be vaccinated on a priority basis. This resolution has been undertaken because the state is under a lockdown and those involved in this segment of essential services, might become super spreaders.

Keep reading... Show less

Medicinal oxygen for COVID treatment is now available at Maurari Nagar & Talkatora in Lucknow

Oxygen carrying vehicles across Uttar Pradesh will now be monitored via GPS tracking.

On Tuesday, the Oudh Oxygen Centre in Lucknow conducted an oxygen supply camp for the benefit of several recovering patients. Several people from all across the city flocked to this centre at Talkatora Road, Mawaaiya Industrial area, to supplement their oxygen supplies amid an overall acute shortage. A similar drive was also held at Mauraru Nagar, easing the availability of medicinal oxygen; a major respite in these desperate times.

Keep reading... Show less

Ahead of an expected surge in COVID-19 cases, Goa stocks up its oxygen inventories

The Goa Health Department is chalking out an elaborate plan to ensure oxygen availability to all COVID patients.

Goa is facing a scenario where its oxygen demands are set to double but this has only increased the efforts of the state government to supplement its inventory of oxygen supplies to meet the expected need, informed the Health Minister. Goa has also roped in government and private players in Karnataka and Kerala, leaving no stone unturned to ensure it is able to provide the prescribed medical treatment to all patients under the state's care.

Keep reading... Show less

Indore distributes over 12,000 Remdesivir injections across MP to ensure rapid COVID treatment

Indore District Administration denies permissions to wedding ceremonies amid steep escalation of coronavirus cases.

A large consignment of Remdesivir injections arrived at the Indore Airport on Sunday, carrying about 125 boxes of the COVID treatment drug. This lot collectively made about 12,000 injections available for immediate use. As per the directives of the Chief Minister, the state is undertaking several efforts to ensure that there is an optimum supply of medicines and necessary resources for the treatment of coronavirus infected patients in affected districts. Consequently, the medicine boxes were airlifted from the Indore Airport itself, to ensure immediate availability across other cities.

Keep reading... Show less

Subscribe to our newsletter


Most Read