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India is harnessing the fruits of its start-up ecosystem as it is witnessing a unicorn revolution. However, regulators need to find the right balance to ensure these promising start-ups grow but in an efficient and transparent manner. Comment.

Topic: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth.

6. India is harnessing the fruits of its start-up ecosystem as it is witnessing a unicorn revolution. However, regulators need to find the right balance to ensure these promising start-ups grow but in an efficient and transparent manner. Comment. (250 words)

Difficulty level: Moderate

Reference: New Indian Express

Key Demand of the question:

To suggest ways to have a proper regulation of start-ups in India to ensure their sustainable growth.

Directive:

Comment– here we must express our knowledge and understanding of the issue and form an overall opinion thereupon.

Structure of the answer:

Introduction: 

Begin by throwing light on the unicorn revolution in India.

Body:

First, mention how the unicorn revolution in India is the outcome of the quick growth of start up ecosystem and outcome of policy support to it.

Next, mention the various regulatory and governance related issue with respect to start-ups in India. Mention the impact of misgovernance of start-ups on Indian economy and start-up ecosystem. Suggest measures to overcome them.

Conclusion:

Conclude with a way froward.