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Hoping to increase govt-registered startups to 10 lakh in 10 years: Goyal

Business Standard LogoBusiness Standard8h ago

Hoping to increase govt-registered startups to 10 lakh in 10 years: Goyal - Business Standard

Quick Summary:

Commerce and Industry Minister Piyush Goyal on Tuesday expressed hope that the number of government-registered startups would increase to 10 lakh in the next ten years due to the steps taken to promote growth of these budding entrepreneurs in the country.At present, there are 1.57 lakh registered startups as compared to 450 in 2016.

With an intent to build a strong ecosystem of the country for nurturing innovation and promoting startups, the government launched the Startup India initiative on January 16, 2016.

As per the government's eligibility conditions, entities are recognised as 'startups' under the Startup India initiative.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-11 @ 13:36:59 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 415 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26074481

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Official Website: business-standard.com

Update Frequency: 306 posts per day

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News Last Updated: 2 hours ago

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Publisher ID: #49

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