Question : Startup Companies

(a) the details of number of startup companies started during the last three years in the State of Uttar Pradesh, Tripura and other North Eastern States;

(b) the total amount of funds raised by these startup companies till date and the profitability established;

(c) whether the Government has any proposal to ease the regulatory regime for startups, if so, the details thereof; and

(d) the other steps taken by the Government to boost the startup India programme in the country especially in Uttar Pradesh (Jhansi and Lalitpur) and NER?

Answer given by the minister

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THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY
(SHRI SOM PARKASH)

(a): The number of startups recognised by DPIIT during the last three years in the State of Uttar Pradesh, Tripura and other North Eastern States is placed at Annexure-I.

(b): There is no centralized compilation of information on the total amount of funds raised and profitability established by startups.

(c): Government has taken various measures to enhance Ease of Doing Business, raising capital and reducing compliance burden. In this regard, a list of the 49 key regulatory reforms is placed at Annexure-II.

(d): To boost the startup India programme Government has launched various programmes across the country, State/UT-wise including Uttar Pradesh and NER which are placed at Annexure-III. All the initiatives under the Startup India are inclusive and are implemented across States, cities, towns and rural areas.

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