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Quit your job & get 25000 per month

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Deal Lieutenant
jioanupt

https://www.moneycontrol.com/news/business/star...

Aim to promote startups instead of being a employee 
under this soon to be launched Rajiv Gandhi Entrepreneurship Programme (RGEP) those who quit Job & start a startup registered in Karnataka would receive 25000/month for 1year 
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Deal Subedar Deal Subedar
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All hail freebie culture

Helpful Helpful
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Such Financial schemes are the reason why middle class taxpayers feel cheated because they expect Governments to provide better law n order and infrastructure so everyone can grow but such freebie schemes are resulting in more tax burden on them. We already have such schemes for farmers but nothing has changed. Another scam likely.

Deal Lieutenant Deal Lieutenant
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@jioanupt Interesting so a person from another state can start a company in Karnataka , i mean any justification needed? to prove that I am serious and not scamming to govt? I dont wanna scam just want to legally get incentive as well as do something good being entrepreneur


just wanted to know legal ways to do this efficiently (but visiting once or few times is fine) just want to know the legal things that DONT BITE ME IN A**S LATER smile

hehehe this scheme sure will help me out IF I PUT some good effort smile as I am planning to do things smile
Deal Lieutenant Deal Lieutenant
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@DEEPANGEORGE

You have to be indian citizen with OVD and can register a company.... That's plain & simple but getting this scheme may be not easy but the article quotes the ministry clearly saying other state users can register..... So it should be not difficult. But should cone with fairly straightforward checks to avoid shell ones and in fact this income itself needs you to File ITR as it's 3 lakh /year So it would have some semblance of accountability

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Deal Cadet Deal Cadet
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Every person earning less than 25k month will be like

Dude I have a startup idea, now I gonna open a startup 😎

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Deal Subedar Deal Subedar
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All hail freebie culture

Deal Lieutenant Deal Lieutenant
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Not freebie but BE A, STARTUP FOUNDER

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Deal Lieutenant Deal Lieutenant
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Wow nice moveeee really


VU+ for many to be aware of the importance of being entrepreneur

Generous Generous
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Scheme looks more like a scam. Many people will misuse it for the free money.

Deal Lieutenant Deal Lieutenant
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There would be some percentage of that too but IN LONG RUN system would be more positive and ENTREPRENEURSHIP would be acceptable by these bold Gestures rather than DOING A JOB 

And yes this is just a symbolic one but THIS IS A RIGHT STEP & 25K is decent money to start rather to be some peanuts 

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Benevolent Benevolent
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very good move. 

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Such Financial schemes are the reason why middle class taxpayers feel cheated because they expect Governments to provide better law n order and infrastructure so everyone can grow but such freebie schemes are resulting in more tax burden on them. We already have such schemes for farmers but nothing has changed. Another scam likely.

Deal Lieutenant Deal Lieutenant
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That's the usual non profit seeker & Rent paying mentality.... 

But being part of profit rather than on Regular dose of drug called salary is way better 

And this is a step towards making that more appealing

And yes there would be some scams but overall it moves the needle in a positive way in Long run 

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Deal Lieutenant Deal Lieutenant
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Peter Thiel of PAYPAL had the similar kind of ENTREPRENEURSHIP program running for more than a Decade & Have been giving 1 lakh USD for every College dropout pursuing a entrepreneurship journey and it has created lakhs of Employment if not more..... And that came from the California govts example earlier. So atleast if something similar would be a hope 

Pro Community Angel Pro Community Angel
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85 lakhs is different from 3 lakhs , isnt it ?

People capable of starting a good business would already be employed at 2-3 lakhs a month.

Its not as if someone was waiting for this moment.  

An interest free loan of 1 crore would have been a better thing 

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Benevolent Benevolent
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Horrible!! What a scheme to transform a working individual into a parasite!! 


Why is it necessary to ask people to leave their jobs? Why can't just help jobless people gain skills, get training, and start their own business?  More FREEBIES and a waste of taxpayer's money. Another scam in the making. 🤬

Deal Lieutenant Deal Lieutenant
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That's the usual non profit seeker & Rent paying mentality.... 


But being part of profit rather than on Regular dose of drug called salary is way better 


And this is a step towards making that more appealing


And yes there would be some scams but overall it moves the needle in a positive way in Long run 

Comrade Comrade
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expressionless

Deal Subedar Deal Subedar
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My question is why name it "Rajiv Gandhi Entrepreneurship Programme?". Are there no acclaimed 'entrepreneurs' from Karnataka who built a highly successful ecosystem?

The name itself suggests that it is aiming at some political benefit.

Remember, all these schemes are funded by tax payers. 

Deal Baba Deal Baba
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point_up muscle muscle muscle punch🤫🤫🤫


Generous Generous
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MATLAB 1 saal ki job se chhutti lekar wapas job me ja sakte hain.. btw ye kya logic hai job hai to usko chhodkar startup.. nahi chala to 3L me life chalega kya..betojgar ko option hai to better hai..

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