Startups as the government’s next financial risk
Taxpayers could lose money on some equity guarantees, but an ISB professor says the total loss should be far smaller than the NRI subsidy scheme’s bill, Business Today reports.
TLDR
Business Today reports an ISB professor’s argument that the government’s next financial risk should be on startups. The professor acknowledges possible taxpayer losses on some equity guarantees, but says the total loss should be far smaller than the bill imposed by the NRI subsidy scheme.
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