Union Minister Dr Jitendra Singh said that under the leadership of Prime Minister Shri Narendra Modi, the government is doing everything to ensure that the StartUp ecosystem in the country is sustainable.
The Minister said that from over 350 in 2014 the number of StartUps in India today is more than 1.30 lakh and number of unicorns more than 100, while India is rated at number 3 in the world in its StartUp ecosystem.
He said that equal participation of all stakeholders and early industry linkage are necessary to ensure sustainable StartUps. He urged the media community to help spread awareness about the enabling StartUp ecosystem in the country.
Kathua Mega Expo scheduled will not only boost StartUps in North India but will also promote B towns outreach as far as StartUp culture is concerned, said Dr JitendraSingh
The Minister said that digitalization and monitoring systems have minimised the procedural delays and created an enabling environment for StartUps. Minister also said that the government is working on multiple levels to boost the startup ecosystem. He said that startups can become large scale entrepreneurship, making use of such schemes.