Startup India Scheme0
केंद्र की योजनाएंBusiness & Entrepreneurship

Startup India Initiative

Startup India scheme is an important government scheme that was launched on 16th January 2016 with an aim to promote and support the start-ups in India by providing bank finances. It was inaugurated by the former finance minister, Arun Jaitley. Startup India was a campaign that was first addressed by the PM Narendra Modi on 15th August 2015 at Red Fort, New Delhi. This campaign was introduced under the Government of India as an initiative to develop over 75 startup support hubs in the country. 

Overview of Startup India

NameStartup India
Announced on15 August 2016
Launched on16 August 2015
Launched byPM Narendra Modi
EligibilityApplicant should be 18+
Nodal MinistryMinistry of Commerce and Industry
DepartmentDepartment for Promotion of Industry and Internal Trade
Official website

Objective and Benefits of Startup India

The objective of the Startup India Scheme is to build a strong ecosystem for promoting innovation and startups in the country. Further, such a drive would encourage sustainable economic growth and create large scale employment opportunities. And to reduce the regulatory burden on Startups, thereby allowing them to focus on their core business and keep compliance costs low.

External link

Unemployment in India

यह भी पढ़ें ->   GeM पोर्टल क्या है: क्रेता /विक्रेता रजिस्ट्रेशन, लॉगिन/पासवर्ड रिसेट, उत्पाद सूची व सेल/खरीद ऑनलाइन