ThinkStock PhotosAn average of 12 employees are hired by nearly 25,000 startups under the government’s flagship programme Start-up India, skills minister Mahendra Nath Pandey informed Parliament on Monday.
“As on December 31, 2019, 26,804 start-ups across 555 districts have been recognized as start-ups by DPIIT. Employment of 3,06,848 jobs has been reported by 24,848 startups with an average number of 12 employees per startup," minister said in a response to a question in Lok Sabha.
According to the minister, Start-up India is a flagship initiative of the government of India, intended to catalyse start-up culture and build a strong and inclusive ecosystem for innovation and entrepreneurship in India. The Department for Promotion of Industry and Internal Trade (DPIIT) acts as the nodal department for the Start-up initiative.
Besides, under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) of Skill India Mission government has provided training to 40.27 lakh candidates till January 17, 2020 under short-term training courses and 33.20 lakh candidates have been certified under the Recognition of Prior Learning (RPL) component of the scheme.
Further, under PMKVY (2016-20), in order to inculcate entrepreneurship in the candidates, training in english, employability & entrepreneurship (EEE) module of 155 hours is being imparted in addition to core curriculum of course, the minister said.
Moreover, under Stand-up India assistance is being given to start-ups, includes setting up Fund of Funds for Startups’ (FFS) at Small Industries Development Bank of India (SIDBI), for providing fund support for start-ups, relaxed norms in public procurement for start-ups, tax incentives, legal support and fast-tracking patent examination at lower costs, self-certification based compliance regime, setting up of incubators and tinkering labs, the minister said in a reply.
“As on December 31, 2019, 26,804 start-ups across 555 districts have been recognized as start-ups by DPIIT. Employment of 3,06,848 jobs has been reported by 24,848 startups with an average number of 12 employees per startup," minister said in a response to a question in Lok Sabha.
According to the minister, Start-up India is a flagship initiative of the government of India, intended to catalyse start-up culture and build a strong and inclusive ecosystem for innovation and entrepreneurship in India. The Department for Promotion of Industry and Internal Trade (DPIIT) acts as the nodal department for the Start-up initiative.
Besides, under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) of Skill India Mission government has provided training to 40.27 lakh candidates till January 17, 2020 under short-term training courses and 33.20 lakh candidates have been certified under the Recognition of Prior Learning (RPL) component of the scheme.
Further, under PMKVY (2016-20), in order to inculcate entrepreneurship in the candidates, training in english, employability & entrepreneurship (EEE) module of 155 hours is being imparted in addition to core curriculum of course, the minister said.
Moreover, under Stand-up India assistance is being given to start-ups, includes setting up Fund of Funds for Startups’ (FFS) at Small Industries Development Bank of India (SIDBI), for providing fund support for start-ups, relaxed norms in public procurement for start-ups, tax incentives, legal support and fast-tracking patent examination at lower costs, self-certification based compliance regime, setting up of incubators and tinkering labs, the minister said in a reply.
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