Union Minister of Commerce & Industry, and Textiles, Piyush Goyal called upon the start-ups to help micro-entrepreneurs in rural areas, leverage technology to grow their businesses and encourage weavers and artisans, etc., to use digital platforms to sell products.
Addressing the 16th India Digital Summit, 2022 through video conference, he said, “Startups will help India transition from an assembly economy, particularly in the digital world, to a knowledge-based economy. In this digital age, technology has removed boundaries and barriers and got the limitations of our enterprises out of our minds.”
He pointed out that during the last year India emerged as the world’s favourite start-up destination and start-ups are the agents of change as well as the pillars for making India Aatmanirbhar.
“It’s been 6 years of the Startup India Mission. In six years, we have already produced 82 Unicorns, the world’s third largest number of Unicorns with over 60,000 start-ups registered at DPIIT. With the growing recognition of our skilled people across the world with investors queuing up from around the world to come and participate in this revolution that we are seeing in this start-up ecosystem,” he said and further added that from 2018-21, in barely three years, more than 6 lakh jobs were created by our start-ups. In fact, in the last year alone, more than 2 lakh jobs were created.
In a separate development, the Minister also has a meeting with heads of top business and industry associations of country to seek their suggestions and inputs to ensure continuation of fast rebound of economic activities and high growth rates being achieved.
He asked industry bodies to prepay MSMEs to safeguard their viability and to boost employment and growth.
