15.53 lakh direct jobs created by recognized startus

NEW DELHI, Aug 06, 2024 : The Government, with the objective of building a strong ecosystem for nurturing innovation, start-ups and encouraging investments in the startup ecosystem of the country, launched the Startup India initiative on16thJanuary2016.

As per eligibility conditions prescribed under G.S.R. noti?cation 127 (E) dated 19th February 2019, entities are recognized as ‘startups’ under the startup India initiative by the Department for Promotion of Industry and Internal Trade (DPIIT). As on 30thJune2024,DPIIT has recognized 1,40,803 entities as startups. Since the launch of Startup India initiative in 2016, the recognised startups have reportedly created over15.53lakh direct jobs.