Commerce and industry minister Piyush Goyal Monday said that a decision has been taken to set up a not-for-profit company under Section 8 of the Companies Act to include all initiatives and bodies of Startup India under one roof.
Goyal said that the company can be industry-led, similar to Invest India, which can manage its own affairs.
At present, Startup India is housed in Invest India, the country’s national body to promote investments. Commerce and industry minister Piyush Goyal Monday said that a decision has been taken to set up a not-for-profit company under Section 8 of the Companies Act to include all initiatives and bodies of Startup India under one roof.
Goyal said that the company can be industry-led, similar to Invest India, which can manage its own affairs.
At present, Startup India is housed in Invest India, the country’s national body to promote investments.
