Jharkhand Startup Policy 2016
Jharkhand Startup Policy 2016
Introduction (About)
Objectives
Funding Support:
Access to capital is crucial for the success and growth of startups. The
policy aimed to facilitate funding opportunities for startups by connecting
them with venture capitalists, angel investors, and financial institutions. It
proposed the creation of the Jharkhand Startup Fund, a dedicated fund
to provide seed capital, equity financing, and working capital assistance
to startups. This funding support aimed to address the financial
challenges faced by startups and enable them to scale their operations.
Industry-Academia Collaboration:
The policy recognized the significance of collaborations between
startups and academic institutions for fostering innovation and research.
It proposed establishing partnerships between startups and universities,
research institutions, and technical colleges to facilitate knowledge
transfer, research collaborations, and technology commercialization. The
government aimed to encourage academia to support startups through
mentorship programs, access to research facilities, and collaborative
projects. This collaboration aimed to bridge the gap between academia
and industry, leveraging research and knowledge for the benefit of
startups.
Freshwater accounts for only 2.5% of total earth's water. Of this fresh
water, 68.9% is in the form of ice and permanent snow cover in the
Arctic, the Antarctic, and mountain glaciers. 30.8% is in the form of fresh
groundwater. Only 0.3% of the freshwater on Earth is in easily
accessible lakes, reservoirs and river systems. The dependence on
ground water as a reliable source for meeting the requirements for
irrigation, drinking and industrial uses has been rising rapidly during the
last few decades in India. Ground water development has occupied an
important place in the Indian economy because of its role in stabilising
agriculture and as a means for drought management. The rapid
urbanisation and deforestation have considerably reduced the
groundwater recharge in many parts of the world. The reduction in
groundwater recharge and over exploitation of groundwater due to
increasing demands, the groundwater table has been depleted into
critical stages in many parts of the world. Over- dependence on ground
water resources results in declining of ground water levels and acute
scarcity of the resource, shortage in water supply, intrusion of saline
water in coastal areas. For example, the groundwater table in some
parts of Delhi has been depleted by 20 to 30 metres in a span of 60
years. Same is the condition in other major cities in India and other parts
of the world.
Address: Flat No. 6/A, A Block, Jayshree Green City, Pundag Road;
Near Old Argora Chowk, Ranchi, Jharkhand - 834002 (INDIA)
Potential for Job Creation: As startups grow, they have the potential to
create new job opportunities, contributing to economic development in
Jharkhand.
Further Considerations:
The Jharkhand Startup Policy of 2016 plays a pivotal role within the
dynamic Indian startup ecosystem, functioning on two key levels:
AQUALINE BHUNGROO
Questionnaires
The specific challenges and observations that led to the creation of the
Aqualine Bhungroo technique may have been influenced by local
conditions, regional water management issues, and the desire to find a
solution that is cost-effective, environmentally friendly, and suitable for
the agricultural context.
2) What type of problems or challenges your startup is trying to
address? आपका स्टार्टअप किस तरह की समस्याओं या चन
ु ौतियों का समाधान
करने की कोशिश कर रहा है ?
Ans- Yes, there are some specific regulations and policy hurdles we
have faced in implementing this technique such as environmental
regulations, waters rights, disagreement among the people etc.The
specific hurdles can vary depending on the region and context of
implementation. For these types of situations, It is important to consult
with local authorities, experts, and stakeholders to understand and
address any regulatory or policy requirements for successful
implementation.
6) How will you ensure that your startup does not have any
negative impacts on the environment or deplete groundwater
resources in the long run? आप यह कैसे सनि ु श्चित करें गे कि आपके स्टार्टअप
का पर्यावरण पर कोई नकारात्मक प्रभाव न पड़े या लंबे समय में भज ू ल संसाधनों में
कमी न हो?
Ans- To ensure that the Aqualine Bhungroo technique does not have
negative impacts on the environment or deplete groundwater resources
in the long run, several measures can be taken. First, a thorough
environmental impact assessment should be conducted to evaluate
potential risks and develop mitigation strategies. Sustainable design
principles should be incorporated to minimise resource consumption and
environmental footprint. Compliance with relevant regulations and
standards is crucial to ensure responsible operations. Monitoring
systems should be implemented to track the performance and
environmental impact, enabling timely adjustments. Stakeholder
engagement and community involvement can help address concerns
and incorporate local perspectives. Continuous research and
development should focus on improving efficiency and promoting
sustainable water management practices. By implementing these
measures, the startup can aim to minimise negative impacts and
contribute to long-term environmental sustainability.
Both incubators and mentors can contribute to the growth and success
of Aqualine Bhungroo by providing guidance, access to networks, and
expertise that can help navigate the complexities of starting and running
a business. They can provide valuable support in areas such as
technology development, market validation, funding, and networking,
ultimately increasing the chances of the startup's success.
Ans- (A) 0- 5%
Website:
● https://www.startupindia.gov.in/content/sih/en/state-startup-policies
/Jharkhand-state-policy.html
● https://jharkhand.gov.in
● Jharkhand Start-Up Policy-2016
● https://aqualinebhungru.com/#about
Reports:
● https://pib.gov.in/PressReleasePage.aspx?PRID=1945152
● https://www.aapkaconsultant.com/blog/start-up-india-dpiit-registrati
on-in-jharkhand/?amp=1
Newspapers:
● https://yourstory.com/2016/04/start-up-jharkhand-50-crore
Finding and Results:
Website:
● https://www.startupindia.gov.in/content/sih/en/state-startup-policies
/Jharkhand-state-policy.html
● https://jharkhand.gov.in
● Jharkhand Start-Up Policy-2016
● https://aqualinebhungru.com/#about
Reports:
● https://pib.gov.in/PressReleasePage.aspx?PRID=1945152
● https://www.aapkaconsultant.com/blog/start-up-india-dpiit-registrati
on-in-jharkhand/?amp=1
Suggestions:
The Jharkhand Startup Policy of 2016 represents a commendable effort
to cultivate a thriving startup ecosystem within the state. However, to
maximise its effectiveness and unlock its full potential as a driver of
economic and social development, several key areas warrant
consideration for improvement: