What is the Startup India Initiative?
The Startup India Initiative was launched on January 16, 2016, with the goal of assisting entrepreneurs, developing a healthy startup ecosystem, and changing India into a country of job creators rather than job seekers. A specialised Startup India Team manages these programmes and reports to the Department of Industrial Policy and Promotion (DPIIT).
The Action Plan below outlines the wide breadth of Startup India’s programmes.
The Indian government is working hard to bring the Startup India project’s ambition to life. The Startup India initiative, which has inspired a surge of entrepreneurial activity across the country, has made substantial progress.
The Department of Promotion of Industry and Internal Trade (DPIIT) is in charge of working with other government agencies to implement the Startup India programme. The Startup India programmes are led by five government departments: the Department of Science and Technology (DST), the Department of Biotechnology (DBT), the Ministry of Human Resource Development (MHRD), the Ministry of Labour and Employment, and the Ministry of Finance.
The Startup India Action Plan has achieved great progress since its beginning in January 2016. The progress made on the 19 Action Points of the Startup India Action Plan is detailed in Annexure-I.
In addition to the Startup India Action Plan, several other measures have been launched to encourage the overall growth of the startup movement in India. The progress gained so far under such efforts is summarised in Annexure-II.
The Startup India website, www.startupindia.gov.in, is a good place to go if you need more information or clarity on the programme.