#Budget2016: Post Budget 2016 reaction by Mr. Vivek Prabhakar, CEO & Co-Founder, Chumbak
It’s really encouraging to see some of the initiatives around the government’s Startup India plan see traction in today’s Budget announcements. The real impetus for the economy will always come from rural India to allow sustained growth and to see initiatives such as the 1 day registration process to tax holidays for the first 3 years for startups and other similar benefits which allows for a risk free environment for entrepreneurs. That is what should propel the next stage in growth of startups in India.