ComMin to hire consultant for promoting start-ups

The Commerce and Industry Ministry has invited proposals from consultants for developing a framework for promoting start-ups in the country.
In request-for-proposal for selection of consulting agency, the Department of Industrial Policy and Promotion (DIPP) said that government wants to create an environment which will enable individuals and smaller companies, including start-ups and SMEs to grow through innovation and design.
The DIPP "proposes to engage a reputed consultancy organisation to provide support to the department in understanding current eco-system, evaluation of central and state policies, recommendations for enabling regulatory environment and implementation of these recommendations".
Government intends to launch 'Start-up India' initiative to create a strong ecosystem for fostering innovation and start-ups in the country.

The main objective of the assignment for the consultant will be to assist DIPP in examining the current start-up ecosystem, evaluating central and state policies and providing short, medium and long term recommendations for implementation by various agencies in consultation with various stakeholders.
The agency would also help in the development of action plan for implementation of these recommendations; handhold, supervise and monitor implementation of recommendations for next three years; and designing and set up a system to monitor progress on the above initiatives in achievement of deliverables and targets set for various agencies.
After his 'Make in India' push, Prime Minister Narendra Modi in his Independence Day speech announced a new campaign -- 'Start-up India; Stand up India' -- to promote entrepreneurship.