About 53,000 startups benefitted from DPIIT startup recognition: Govt

As many as 52,732 startups have been benefitted from the department for promotion of industry and internal trade (DPIIT) startup recognition initiative as on July 21, 2021, Parliament was informed on Wednesday.

‘Startup India’ is a flagship initiative of the government which aims at building a strong ecosystem for nurturing innovation and startups in the country. A 19-point Startup India Action Plan was launched in January 2016 which paved the way for the introduction of a number of policy initiatives.

“A total of 52,732 startups have taken the benefit of DPIIT startup recognition, as on 21st July 2021,” Minister of State for Commerce and Industry Som Parkash said in a written reply to the Lok Sabha.