Govt Committed To Foster Entrepreneurial Ecosystem: Prabhu

New Delhi, 23 Mar 2018  (UNI) Commerce Minster Mr Suresh Prabhu on Friday said the government was committed to foster entrepreneurial ecosystem in the country.

Participating in a roundtable meeting on regulatory issues with startups and representatives of various Ministries here the Commerce Minister said the government was concerned about the regulatory issues being faced by the startups in the country and was trying to solve them.

“It was an interactive discussion to understand regulatory issues faced by startups and the way ahead to facilitate," Mr Prabhu said in a tweet.

Issues like presence of pharmacist at e-pharmacy platforms, stream lining of application process for NBFCs by the Reserve Bank, reforms in current guidelines for UAV sector, "which does not allow for manufacturing of drones, and vehicle specifications for door to door retail delivery of petroleum, were discussed at length," the ministry said in a statement.

Officials from different departments including industrial policy and promotion, RBI, SEBI, Ministry of Petroleum and Natural Gas, Ministry of Health and Family Welfare, Drugs Controller General OF India, Ministry of Finance were present in the meeting, it added. United News Of India