“National Startup Advisory Council to advise the Government on measures needed to build a strong ecosystem for nurturing innovation and startups in the country to drive sustainable economic growth and generate large scale employment opportunities,” the ministry’s official statement read.

What Will The National Startup Advisory Council DoThe National Startup Advisory Council is expected to brainstorm on ways to boost the Indian startup ecosystem and encourage innovation among the Indian citizens, especially students.

The National Startup Advisory Council will also recommend alternatives to reduce the regulatory compliance and cost on startups to promote ease of capital generation, incentivise domestic capital and mobilise global capital, the press release stated.

According to sources close to the matter, the advisory council will hold quarterly meetings.

However, this advisory council will be the first overarching body to represent the Indian startup community. | To read full story, visit https://startuparound.com/read/1579676405.4334567/National-Startup-Advisory-Council:-This-Is-What-It-Will-Do?ref=audio_experience