Jumpstarting India's start-up dream

A minor fix in tax laws can make start-ups bloom

Last weekend a group of serious-faced men came to see me. When they called me, they’d said they needed some tips to make their venture to assist Indian start-ups successful, and I was only too happy to meet them. As soon as they came in, they eyed my dining-table and, once there, spread out a large sheet of paper on which was a perspective drawing of a three-storeyed building with a grand entrance.

“This is a building which can house several dozen start-ups,” said one of them.

“How will this help start-ups?” I asked.

 “Once this building is finished we will be able