Startup India Initiative Shows Remarkable Growth, Creating Over 12.42 Lakh Jobs
New Delhi: The Indian government, aiming to foster innovation, startup growth, and encourage investments, initiated the Startup India program on January 16, 2016. Various programs under this initiative have been implemented to achieve specific objectives, leading to a significant impact on the startup ecosystem. As of December 31, 2023, the Department for Promotion of Industry and Internal Trade (DPIIT) recognized a remarkable 1,17,254 startups, collectively generating over 12.42 lakh direct jobs.