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    Invest Maharashtra: Devendra Fadnavis Unveils Investor-Focused Platform as State Targets $1 Trillion Economy

    Invest Maharashtra: Devendra Fadnavis Unveils Investor-Focused Platform as State Targets $1 Trillion Economy

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Home Startups News

Government recognizes 86,713 startups as of December 2022, up from 445 in 2016

By: APAC Media

by APAC Media
February 9, 2023
in News
Reading Time: 1 min read
Government
Summarize with:

New Delhi: As many as 86,713 startups have been recognised by the government as on December 31, 2022, Parliament was informed on Wednesday.

These startups are eligible to avail fiscal incentives under the Startup India action plan of the government.

“As a result of sustained government efforts, the number of recognized startups has increased from 445 in 2016 to 86,713 in 2022 (as on December 31, 2022),” Minister of State for Commerce and Industry Som Parkash said in a written reply to the Lok Sabha.

Summarize with:
Tags: GovernmentStartups
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