It Is Not Easy To Do Business In India

Too many government bodies complicate company operations, increase costs, say entrepreneurs.

- Ashish Rukhaiyar & Manojit Saha

The case of V.G. Siddhartha might not be an isolated one, say entrepreneurs who believe that the presence of multiple stakeholders puts a lot of pressure on the businesses and the founders.

Entrepreneurs, who have dealt with multiple government agencies, also feel that there are too many government bodies that play an active role in the journey of a company and, more often than not, it only complicates the operations of the company while increasing the compliance costs manifold.

“It is not so difficult to relate to [Mr.] Siddhartha. An entrepreneur has to handle various kinds of pressures from multiple stakeholders,” said Manish Kumar, co-founder, GREX, a fund-raising platform for start-ups.