Narendra Modi’s Government, since its inception in the year 2014, has been working specifically (as it appears to the public) to uplift the economic as well as technology status of the country. After a successful implementation of the “Digital India” plan, yet another innovative plan came in picture on the 16 th day of January, 2016 titled “Startup India” . As the name suggests, this novel action plan extends a helping hand towards all the “Start-up enterprises” in India. Apart from the help being bestowed to these novel firms, the Action Plan on Startup India (as launched on 16 th January, 2016) also defines as to, ‘which firms can be called a STARTUP’? To ascertain whether a firm falls in the category of a Startup , with respect to the above mentioned definition, an entity- 1. Must be a Private Ltd. Company/ Limited Liability Partnership/ Partnership firm, 2. Must be aged between 0-5 years (from its incorporation or registration in India), 3. Must...