Why do start-ups need a better EODB?

With a huge base of highly educated youth, willing to take an entrepreneurial risk, or rather at times compelled to take suchrisk for want of suitable jobs, together with a giant domestic market opportunity waiting to be exploited, India should ideally be brimming with prosperous start up enterprises. With a support base of a formidable legal/banking/financial framework at least on paper, together with our dynamic homegrown talent, which is capable of interfacing with world markets. The question is why do startups need a better EODB? Mr. Akhilesh Bhargava, Business Editor of HW Business and Finance shares his insights on the matter.