02 JUN ,Delhi: Union Minister of State (Independent Charge) for Science and Technology, MoS PMO, Department of Atomic Energy and Department of Space and MoS Personnel, Public Grievances and Pensions, Dr Jitendra Singh has said that StartUp jump in 9 years is a major success story of Prime Minister Narendra Modi led government.Addressing a youth congregation here, Dr Jitendra Singh said that before 2014 there were just about 350 StartUps, but after Prime Minister Narendra Modi gave the clarion call from the ramparts of the Red Fort in his Independence Day address in 2015 and rolled out special StartUp scheme in 2016, there was a quantum jump and India today has the world’s third largest StartUp ecosystem in the world, boasting 92,683 Startups with more than 115 unicorns (billion-dollar enterprises). The Minister said, in the year 2022 alone, 26,542 entities were recognised as Startups by the Department for Promotion of Industry and Internal Trade (DPIIT)as startups.A NASSCOM study says tech start-ups created 23 lakh direct and indirect jobs in the year 2017-2021. Besides, startups have self-reported creation of a million jobs directly and many more indirectly since the launch of Startup India in 2016 when the total jobs created stood a meagre 10.
