??????? ??? ?????? ???????? ??? ????? ?????? (???? ??? ??????)
THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY
(SHRI SOM PARKASH)
(a): The number of employment opportunities created in last three years in the country, as reported by startups recognized by DPIIT, is as follows:
Year Jobs Reported by Recognized Startups
2019 1,41,303
2020 1,68,612
2021 2,03,448
Total 5,13,363
The number of employment opportunities created in Maharashtra, Jharkhand and Bihar during last three years, as reported by startups recognized by DPIIT, is as follows:
Year Jobs Reported by Recognized Startups from Maharashtra Jobs Reported by Recognized Startups from Jharkhand Jobs Reported by Recognized Startups from Bihar
2019 25,181 599 1,225
2020 33,021 1,458 2,335
2021 39,038 1,472 3,158
Total 97,240 3,529 6,718
There is no centralized compilation of information on year-wise contribution made by startups in the Gross Domestic Production of the country.
(b): Government of India as part of Startup India initiative has implemented Fund of Funds for Startups (FFS) Scheme and Startup India Seed Fund Scheme (SISFS) across all States/UTs to promote private investment in the Startups through Alternative Investment Funds (AIFs) and incubators.
Under FFS, a corpus of Rs. 10,000 crore has been sanctioned for the period of 14th and 15th Finance Commission cycles. Small Industries Development Bank of India (SIDBI) is the implementing agency for the Scheme. The FFS Scheme does not directly provide financial assistance to startups, instead supports SEBI- registered Alternative Investment Funds (AIFs), who in turn invest money in growing Indian startups through equity and equity-linked instruments.
Under the Startup India Seed Fund Scheme (SISFS), Rs. 945 crore has been sanctioned for period of 4 years starting from 2021-22. The funds are released to Startups through approved Incubators.
The Department engages with stakeholders on a regular basis to invite consultations on regulatory issues raised by Startups, investors and others in the ecosystem. These issues and recommendations are further shared with the concerned departments to bring about the necessary resolution and reforms. The list of key regulatory reforms undertaken by the Government to enhance ease of doing business, raising capital and reducing compliance burden for recognized startups is at Annexure-I.
Furthermore, requirement of prior turnover and experience has been relaxed to encourage startups to participate in Government tenders. Startups have been exempted from requirement of earnest money deposit. ‘GeM Startup Runway’ has been launched with dedicated corner for startups to sell products and services to Government. A total of 13,130 recognized startups have been on boarded on GeM, with 1,26,006 orders from public entities as on 31st March 2022.
*****
Download PDF Files
