Business News | Govt-recognised Startups Created 16.6 Lakh Direct Jobs Across Sector: Piyush Goyal Informs Parliament
Get latest articles and stories on Business at LatestLY. Startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) has reportedly created over 16.6 lakh direct jobs across more than 55 varied industries which include areas beyond technology, Union Minister of Commerce and Industry Piyush Goyal informed Rajya Sabha on Friday.
New Delhi [India], December 6 (ANI): Startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) has reportedly created over 16.6 lakh direct jobs across more than 55 varied industries which include areas beyond technology, Union Minister of Commerce and Industry Piyush Goyal informed Rajya Sabha on Friday.
Under the Startup India initiative, the government constantly undertakes various efforts for the development and growth of the startup ecosystem and to enhance job creation in the country.
Agriculture, automotive, construction, education, fintech, food and beverages, healthcare and lifesciences, human resources, IT services, professional and commercial Services, were among key sectors where most of the jobs were created, the minister said in the written reply.
The flagship Schemes namely, Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS) and Credit Guarantee Scheme for Startups (CGSS) support startups at various stages of their business cycle.
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The Government with an intent to build a strong ecosystem for nurturing innovation, startups and encouraging investments in the startup ecosystem of the country launched the Startup India initiative in January 2016. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)