Government Working on Credit Guarantee and Seed Funding Schemes to Leverage Startups

The Department for Promotion of Industry and Internal Trade (DPIIT) is working on credit guarantee and seed funding schemes to support startups in the country. Startups are also urged to draw up a holistic report on issues related to ESOPs (employee stock option plans) so that it can be sent to the ministry of finance for consultations after they reported grievances concerning ESPOs.

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