In a significant move to bolster its regulatory framework, the Securities and Exchange Board of India (SEBI) has proposed substantial changes to the definition of Unpublished Price Sensitive Information (UPSI) under its Prohibition of Insider Trading (PIT) Regulations. This development marks a pivotal shift in SEBI's approach to combating insider trading and ensuring fair market practices.
In a significant move to bolster its regulatory framework, the Securities and Exchange Board of India (SEBI) has proposed substantial changes to the definition of Unpublished Price Sensitive Information (UPSI) under its Prohibition of Insider Trading (PIT) Regulations. This development marks a pivotal shift in SEBI's approach to combating insider trading and ensuring fair market practices.
Launched in 2016, the government of India's flagship programme Start-up India has changed the Indian startup ecosystem positively. The scheme has entered its 9th year and has brought significant transformation. Today, from IIT graduates to general graduates or anyone with a business and innovative mindset takes the courage to start their entrepreneurship journey. Highlighting its importance, IAS officer Amitabh Kant said;
“If such an environment had existed during my time, I would have become a startup entrepreneur instead of appearing for the IAS exam’’
When we talk of top flagship schemes of the government of India, Start-up India makes its place. With the employment generation of 12. 42 lakhs, 128% annual compound growth, and over 1 Lakhs recognized startups, It is among the highly successful initiatives. To make it a success, several people have made their contribution including government leaders, entrepreneurs, investors, and notable IAS officers including Amitabh Kant, Ramesh Abhishek, Guruprasad Mohapatra, Rajesh Kumar Singh etc.
Start-up India: An Initiative to Change the Economic Landscape
Connecting different Industrial sectors and cities, the Industrial corridor is a significant infrastructure program in India. The corridor aims to shape the economic landscape of the country by boosting productivity, attracting investments, and creating employment opportunities. Under the Department for Promotion of Industry and Internal Trade (DPIIT) & its abled IAS officers, the government of India has developed/planned to develop 11 corridors connecting different industrial cities of the country.
