2018-07-23

Start-up India Scheme: Starred Question in Loksabha

Start-up India Scheme

(a) the salient features of the Start-up India Scheme and the number of registrations done under this scheme since its inception across the country, State/UT-wise including Maharashtra;
(b) the details of the funds sanctioned, allocated and utilized and the target set/ achieved under this scheme since its inception so far, State/UT-wise including Maharashtra;
(c) the details of the State Governments which have formulated Star-tup policies in their States at present;
(d) whether the Union Government is planning to rank the States according to the Start-up Scheme and if so, the details thereof; and
(e) the steps taken/being taken by the Union Government for maximum area coverage under this scheme?

GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY

LOK SABHA

STARRED QUESTION NO: 75                                             ANSWERED ON: 23.07.2018

Start-up India Scheme

ANIL SHIROLE
PARBHUBHAI NAGARBHAI VASAVA

Will the Minister of COMMERCE AND INDUSTRY be pleased to state:-

(a) the salient features of the Start-up India Scheme and the number of registrations done under this scheme since its inception across the country, State/UT-wise including Maharashtra;
(b) the details of the funds sanctioned, allocated and utilized and the target set/ achieved under this scheme since its inception so far, State/UT-wise including Maharashtra;
(c) the details of the State Governments which have formulated Star-tup policies in their States at present;
(d) whether the Union Government is planning to rank the States according to the Start-up Scheme and if so, the details thereof; and
(e) the steps taken/being taken by the Union Government for maximum area coverage under this scheme?

ANSWER

THE MINISTER OF COMMERCE & INDUSTRY
(SHRI SURESH PRABHU)

(a) to (e): A Statement is laid on the Table of the House.

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STATEMENT REFERRED TO IN REPLY TO LOK SABHA STARRED QUESTION NO. 75 FOR ANSWER ON 23RDJULY, 2018


(a): Start-up India initiative launched on 16th January 2016, consists of 19 Action Points that act as a guiding document for the initiative. Salient features of these action points are appended as Annexure I. Since its inception, 10,950 Startups across the country have been recognised till 5thJuly 2018. The State/UT-wise number of recognized Startups including Maharashtra is provided at Annexure II.

(b): Initiatives under Startup India are being coordinated primarily by seven Central Government Ministries/Departments:

1. Department of Industrial Policy and Promotion
2. NITI Aayog
3. Department of Science and Technology
4. Department of Bio-technology
5. Ministry of Human Resource Development
6. Ministry of Labour and Employment
7. Ministry of Corporate Affairs

Ministry/Department – wise details of funds sanctioned and disbursed under Startup India scheme are at Annexure III. Ministry of Labour and Employment and Ministry of Corporate Affairs have made regulatory changes to support the growth of Startups.
(c): 18 State Governments have so far formulated Startup policies. The list is at Annexure IV.

(d): Yes, Madam. Government has launched State/UT Startup Ranking Framework on 6 February 2018 to rank States for establishing a robust ecosystem for supporting startups. This initiative will support in achieving following objectives:

1. Help bring to fore progress made by the States/ UTs for promoting Startup-ecosystem
2. Foster competitiveness & propel the States/ UTs to work proactively
3. Facilitate States/ UTs to identify, learn and replicate good practices

The ‘State Startup Ranking Framework’ is spread across 7 areas of interventions with a total of 38 action points and overall score of 100 marks. The areas of interventions include Startup policy and implementation, incubation support, seed funding support, venture funding support, simplified regulations, ease of public procurement and awareness and outreach. The framework also provides the guidelines to support implementation of action points. In order to evaluate States in a balanced and transparent manner, the implementation of action points is being assessed on supporting documents submitted by the State Government and feedback from Startup ecosystem stakeholders. 

(e): Government has taken several steps for maximum area coverage under this scheme. Since inception of the Startup India initiative, there are 10,950 startups recognized from over 448 districts covering 29 States and 6 Union Territories. Government has launched Startup India Virtual Hub which serves as a virtual incubator to Startups providing access to information, knowledge, industry programmes, Government schemes, and networking opportunities within Startup community. Startup India Online Portal is available in eight languages- English, Hindi, Kannada, Tamil, Telugu, Gujarati, Marathi and Bengali. The platform presently has 2,35,541 registered users.

Additionally, the launch of State/UT Startup Ranking Framework will foster and propel State/UT governments to promote entrepreneurship at local level.

Further, in order to promote entrepreneurship and encourage Startups at district level, Startup India Yatra has been launched. Grassroot Startup aspirants are provided Incubation, Mentorship and Funding support under this programme. Startup Yatra has so far been conducted across 4 States in 35 districts.

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Source: Loksabha

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