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Government Constitutes Task Force to prepare Action Plan for Next three Olympic Games

Prime Minister Narendra Modi has approved the constitution of eight members Task Force committee for preparing action plan for next three Olympic Games 2020, 2024 and 2028.

It has been given three months’ time to submit its report regarding a comprehensive action plan including short, medium and long-term measures for effective participation of Indian sports-persons in the Olympic games.

 The members of Task force: Pulella Gopichand, Abhinav Bindra, Rajesh Kalra, Om Pathak, Viren Rasquinha, S. Baldev Singh, Prof. G.L. Khanna and Sandeep Pradhan.

Terms of Reference of Task Force
  • Suggest a comprehensive action plan for effective participation of Indian sportspersons in the next three Olympic Games.
  • Suggest effective methods to identify core probable medal prospects for 2020 Olympics, their coaches and support staff.
  • Suggest effective talent identification system for 2024 and 2028 Olympics. Identify components of world class support system for elite sportspersons and lay down further the pathway.
  • Suggest ways to achieve synergy in the efforts of key stakeholders within Union Government and across State Governments, Indian Olympic Association (IOA), National Sports Federations, NGOs, etc.
  • Suggest ways to significantly improve the standards of coaching and sports scientist within the country and to create and upgrade sports infrastructure required to train top-level athletes.
  • Make suggestion regarding foreign training and exposure of top-level athletes and also make recommendations on any other matters referred to it.

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PM Narendra Modi launches ‘Start-up India, Stand-up India’ action plan

Prime Minister Narendra Modi has unveiled the ‘Start-up India, Stand-up India’ action plan in New Delhi to boost startup ventures in the country.

The main aim of action plan is to give impetus to innovation and encourage the talent among young people and remove onerous government regulations and red tape.

Key features Start-up India, Stand-up India action plan

  • Start-up profits to be tax-free for 3 years and also no labour inspections for 3 years of launch of the venture.
  • Compliance regime based on self-certification for labour and environmental laws. Easy exit policy for start-ups with 90 days.
  • Tax exemption to be provided on capital gains if money is invested in another start up.
  • Government to create Rs. 10,000 crore corpus fund for development and growth of innovation driven enterprises. It will be Rs. 2500 crore a year for four years
  • Liberalised Fast-track mechanism for start-up patent applications under intellectual property rights protection with 80% cost rebate.
  • Encouraging startups to participate in public procurement by easing norms of minimum turnover/experience.
  • Mobile apps, portal for register start-ups in a day from 1st April 2016. Establishing Credit guarantee fund and special scheme for women entrepreneurs.
  • Sector specific incubators 500 tinkering labs, per-incubation and seed funds under the Atal Innovation mission
  • Public-private partnership (PPP) model for 35 new incubators, 7 new research parks, 31 innovation centres at national institutes and 5 new Bio clusters will be set up to help Biotech Sector.
  • Government to start Atal Innovation Mission to give an impetus to innovation and encouraging talent among young people by instituting national awards.
  • Government to promote the provision of core innovation programmes in 5 lakh schools across the country.

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