Status Report

With the intention to build a strong eco-system for nurturing innovation and Startups in the country, the Hon’ble Prime Minister launched Startup India Action Plan on January 16, 2016 in New Delhi. The Government through this initiative aims to empower Startups to grow through innovation and design and to accelerate spreading of the Startup movement. 

Given below are some pillars under which Startup India has made its remarkable progress:

  • Recognition
  • Startup India Hub
  • Patent Benefits
  • Relaxed Norms of Procurement
  • Tax Benefits
  • Fund of Funds (FFS)
  • Learning & Development Module 
  • Atal Innovation Mission
  • Establishment of Tinkering Labs
  • Establishment of Incubators
  • Technology Business Incubators
  • Startup India Yatra
  • NIDHI (National Initiative For Develpoment And Harnessing Innovations)
  • Faster Exit for Startups 
  • States with Startup Policies
  • State Startup Ranking Framework 2018