nternet savvy Indian entrepreneurs may soon have a reason to move back to the idiot box.
The Narendra Modi government plans to launch a television channel focused on nurturing and supporting startup activity in the country, finance minister Nirmala Sitharaman said during her union budget speech today (July 5).
The channel, which will be set up under the purview of state-run broadcaster Doordarshan, will be designed and managed by startups themselves, she said. The channel will promote new businesses and enable matchmaking with venture capitalists. Aside from funding, the channel will also provide resources for tax planning.
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