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From Start-up Mahakumbh to Ministerial Meltdown
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Apr 102025
At the Startup Mahakumbh, Union Minister Piyush Goyal launched a scathing attack on Indian startups, criticizing their focus on food delivery and e-commerce over advanced tech like AI and semiconductors. But his remarks sparked a fierce backlash—from entrepreneurs, industry veterans like Mohandas Pai, and even supporters of the government. In this sharp analysis, Sucheta Dalal breaks down why Mr Goyal’s speech struck a nerve, how it exposed deeper systemic failures in India’s startup ecosystem, and why entrepreneurs are pushing back hard against the government’s narrative. This episode highlights the reality behind India’s "startup dream"—from red tape and corruption to lack of genuine support—and why the problem isn’t with young founders, but the system they must survive in. Read More: https://moneylife.in/article/maha-mis... #startupmahakumbh #suchetadalal #moneylife For more information visit our website : http://www.moneylife.in/ Register : http://www.moneylife.in/register/ Follow us on Facebook :   / moneylifedailyclinics   Follow us on Twitter :   / moneylifef  
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