Policy Impact
Startup India is one of the Narendra Modi Government's major projects to accelerate entrepreneurship across the country and across sectors including agriculture, manufacturing, social sector, healthcare, and education.
The key objectives of the policy
- Simplify compliance requirements for startups and introduce compliance self-certification
- Create a startup hub as a single point of contact for the entire ecosystem, enabling access to knowledge and funds
- Provide a mobile app and portal to register with the government, apply for various schemes and collaborating with other ecosystem players
- Provide access to high quality IPR services
- Offer relaxed norms for startups in public procurement
- Make exit processes easier
- Rs 10,000 crore Fund of Funds to support growth and development of innovation focused enterprises
Startup India Policy pdf document
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FAQs on government benefits and how to avail them
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National Enterpreneurship
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Snapshot of start up ecosystem
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State enterpreneurship
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Tip: You need to obtain official recognition as a startup to avail the benefits under various schemes of the Ministry of Commerce and the Niti Aayog.