Centre notifies new Telecommunications Act provisions, focuses on spectrum utilisation
The government on Friday notified another set of sections of the Telecommunications Act 2023, that came into effect with immediate effect.
The IT minister said he does not think that only funding won’t do but require the much-needed impetus with their innovative ideas.
Babul Supriyo (IANS file photo)
Babul Supriyo, minister for IT and electronics, advocated that in order to receive funding, start-ups need to inspire the private sector to get funds. The government can support them with policies and infrastructure.
Mr Supriyo, while addressing a special session on Runway to Start-ups, also advocated that it was important for the private sector to shirk ranks. Angel investors and venture capitalists to continue their support to fund start-ups should be ready to take risks for the benefit of the country.
The IT minister said he does not think that only funding won’t do but require the much-needed impetus with their innovative ideas.
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