Union Commerce and Industry Minister Piyush Goyal has said that the Government, in its role as an enabler, has introduced several benefits to encourage & boost startups. Minister while addressing theICAI's Startup Manthan 2.0, said that Government is constantly providing inputs & impetus to the Startup ecosystem to help them expand their base.
“Government has created a fund of funds for Startups with an initial corpus of Rs 10,000 crores for funding promising Startups in their early-stage funding requirement. The Government e-Marketplace provides an equitable opportunity to Startups to offer their services and products to all Govt enterprises across the country.”, he said. He confidently expressed that India is set on the path of becoming self-reliant &startups are leading the way. “We are at the critical juncture of human history where our actions shall directly impact billions of people. Our entrepreneurs can create a golden era where our startups with their commitment, vigour & perseverance make India a leader across all sectors. As the Startups work hard, we will support them in their endeavour”, the minister said.
Goyal said that Creativity, Innovation, Invention &Development is the foundation & mandate of New India. The Startup India initiative in 2016 has been launched to create an ecosystem of innovation, invention & enterprise. He added that Chartered Accountants(CAs) will help bring about spirit of entrepreneurship, even in our remote villages & towns. He praised CAs saying “Our Chartered Accountants have that competitive edge when it comes to serving the startup ecosystem”.
Ministry of Ayush along Commerce to set up AYUSH Export Promotion council
Indian Railways to adopt aerial LiDAR technique to conduct ground survey, DVHSR
