Angel tax destroyed startup ecosystem, GST killed gaming industry, says Priyank Kharge
Karnataka's IT/BT Minister Priyank Kharge on Wednesday said startups, entrepreneurs, venture capitalists and industry captains have been forced to take a “stand” or “endorse” the NDA regime, despite the government having done little to address their issues.
«Single handedly, #ModiSarkar has destroyed the ecosystem with Angel Tax and the Govt’s GST killed the gaming industry,» Kharge posted on social media platform X.
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Offering CollegeCourseWebsiteMIT xPROMIT Technology Leadership and InnovationVisitIndian School of BusinessProfessional Certificate in Product ManagementVisitIIT DelhiCertificate Programme in Data Science & Machine LearningVisit <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-110339900»>His comments come as political parties are in the middle of the Lok Sabha election, with two more phases scheduled over the next ten days.
«Investors who are keen to invest in Karnataka, Telangana or Tamil Nadu are “convinced” to invest in “better ecosystems” like Gujarat or Uttar Pradesh. This is Modi 3.0,» the minister, who is also in charge of Rural Development & Panchayat Raj portfolio, said.
Kharge's post came in response to a post from AICC's professionals' Congress & Data Analytics chairman Praveen Chakravarty. «Some of these very startup founders mentioned here who apparently attended a ‘Modi 3.0’ propaganda event in a minister’s bungalow bang in the midst of elections had expressed fear & inability to attend a simple @INCIndia manifesto consultation event in March. But they begged & pleaded with us to remove
