News > Government recognises 50,000 startups across India

Government recognises 50,000 startups across India

04/06/2021 05:15 PM | Click to read full article

As many as 50,000 startups have been recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) to date, an official statement said on Thursday. Startup India is a flagship initiative of the government launched on January 16, 2016. The initiative is intended to catalyse a startup culture and build a strong and inclusive ecosystem for innovation and entrepreneurship in India.

The recognised startups are eligible to avail the benefits across a range of laws, regulations, fiscal and infrastructural support.