Rahul Gandhi makes attractive promises for Startups, but Modi govt has already implemented them
As the Lok Sabha election approaches, Congress President Rahul Gandhi seems to have changed his campaign strategy from attacking BJP with lies to making promises. He made 4 specific promises for startups: zero permissions for the first 3 years of any new business, elimination of angel tax, incentives and tax credits based on new jobs created by the business, and easy bank credit. One of the major initiatives taken by prime minister Narendra Modi was the Startup India initiative, and the promises made be Rahul Gandhi are already covered by this. Rahul Gandhi promises to remove the angel tax, but he fails to mention that it was the UPA government that had introduced it in the first place. Not only Modi government is already fulfilling the promises by Rahul Gandhi, but there are also several more benefits under the Startup India initiative.
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