By Tricitynews Reporter
Chandigarh
17th October:- KS
Bhatia Founder & CEO of Pumpkart.com a well known start up which has
established itself quite well in the Industry, has welcomed Punjab
Government's decision of announcing a Rs 100 crores fund for start Up's
in the State.
KS Bhatia said that this step taken
by Chief Minister Amarinder Singh and finance Minister Manpreet Singh
Badal will help in creating huge job opportunities in the state.
KS Bhatia who is also Convenor,
Punjab state Council for Start Ups, CII appealed to the state government
that startups should be given GST incentives for next 5 years. He said that start
Ups in Punjab should get support from the government on other initiatives as
well such as free Plug-and-Play facilities. State government should also honor
innovative startups. He appeals to the corporates from the state to come ahead
and support the startups.
KS Bhatia further added that if we
talk about Flipkart, Ola and Zomato, their founders are from the region of
Punjab. They have invested in more than 50 startups but none of them has invested
in the state startups, because Startup Ecosystem is not developed in
Punjab. Government should take the initiative and include them in
allocating the funds that are announced. By bringing these renowned companies
will help in creating a start up ecosystem in Punjab.
KS Bhatia also gave the example of
Karnataka, in which he explained that Google will provide $3000 worth of
cloud credits for the startups that are registered in startup cell and the 100
Startups that are selected by Karnataka will be provided with $20,000 cloud
credits. Same was being done with Amazon as they are also providing the same
system in Karnataka. Karnataka's example can be emulated by Punjab. KS
Bhatia has appealed to Punjab Government to setup a Startup University in Mohali.
In order to make the state grow every
industry, State sponsors, State Associations and state government should join
hands together to make this a technology driven state, concluded Bhatia.