Government working to utilise procurement process for promoting startups: DPIIT Secretary
10 Articles
10 Articles
Government working to utilise procurement process for promoting startups: DPIIT Secretary
The Indian government aims to use procurement processes to promote startups within the nation effectively. Over 2.5 lakh startups exist in the country, with many in smaller towns. National Startup Awards 6.0 will award winning startups a cash prize of Rs 25 lakh across various categories. The initiative seeks to enhance support through mentorship, investor connections, and market access.
DPIIT advances trust-based governance to ease business regulations across India
According to an official statement, the government has reduced 47,957 compliance requirements across Central Ministries and States and Union Territories (UTs)
India Crosses 2.5 Lakh Recognised Startups, Creates Over 25 Lakh Jobs
India now has more than 2.5 lakh startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT), creating over 25.42 lakh direct jobs across the country. The figures highlight the growing role of startups in employment generation, innovation and economic activity. The government shared the data as...
New Delhi, Oct 27 (IANS) The central government on Tuesday said that the reforms undertaken over the past few years to ease business and reduce regulatory burden have played a key role in transforming India's business environment from a permission-based one to a trust-based framework. The government said these steps have given a new impetus to startups, investments, job creation and expansion of digital services. According to the Department for …
DPIIT steps up efforts to simplify business rules across India
The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, is advancing a shift from a permission-based regulatory system to trust-based governance through reforms aimed at reducing business compliance, supporting startups, attracting investment and simplifying regulatory approvals.
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