Centre Eyeing One Startup in Every District By Next Year

The Centre is likely to fulfil its plan to have at least one registered startup in each of the 785 districts of the country within a year as only 20-25 districts remain without any registered startup, industry department officials said.

As of March 31, there were more. than 100 districts without a single startup recognized by the Department for Promotion of Industry and Internal Trade (DPIIT), one of the officials told ET.

Most of the 20-25 districts waiting for their first registered startups are in far flung areas of northeastern states including Arunachal Pradesh, Mizoram, Manipur and Sikkim, or in left-wing extremism-affected areas in states such as Madhya Pradesh, Chhattisgarh and Telangana, the person said.

The department has been working with academic institutions, state and district administrations, startup accelerators and seed funds to boost awareness of having startups across the country… The economic activity gets enhanced with startups being launched,” the official said Under the government’s Startup India scheme, more than 100,000 startups have been recognized by the DPIIT. “Our endeavor is to have entrepreneurs and startups in every village of the country,” DPIIT joint secretary Sanjiv told ET in response to a query.

S-ET Image Source: Google

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