The World Opinion

Tag: Startup Ecosystem

  • Govt Launches ‘BHASKAR’ One Stop Digital Platform To Connect Startup Ecosystem | Economy News

    New Delhi: The Union Minister of Commerce and Industry, Piyush Goyal on Monday, unveiled the Bharat Startup Knowledge Access Registry or BHASKAR digital platform for all the stakeholders of the startup ecosystem to connect and collaborate within the landscape.

    The platform is designed to centralise, streamline, and enhance collaboration among key stakeholders within the entrepreneurial ecosystem, including startups, investors, mentors, service providers, and government bodies.

    Part of the Startup India program, the BHASKAR initiative is a platform meant to help key players in the entrepreneurial ecosystem–startups, investors, mentors, service providers, and government agencies–centralise, simplify, and improve their collaboration.

    Launching BHASKAR!

    A one-stop digital platform for all stakeholders in the Startup space to:

    Connect
    Collaborate &
    Growth Together pic.twitter.com/rQxqY9uf9M
    — Piyush Goyal (@PiyushGoyal) September 16, 2024

    The platform offers a one-stop digital platform that tackles the issues faced by investors and entrepreneurs alike in an effort to fully utilise this potential.By serving as a centralised registry, BHASKAR will enable seamless access to a wide array of resources, tools, and knowledge that will help fuel the entrepreneurial journey from ideation to execution, the Ministry of Commerce & Industry informed.

    The platform will provide startups with immediate access to critical tools and knowledge, enabling faster decision-making and more efficient scaling.The platform will issue a unique BHASKAR ID to ensure personalised interactions with the stakeholders.

    It will also be able to locate relevant resources, collaborators, and opportunities, ensuring faster decision-making and action using the search feature of the platform.

    “The launch of BHASKAR marks a significant step forward in the government’s ongoing efforts to promote innovation, entrepreneurship, and job creation. It will serve as a central hub where startups, investors, service providers, and government bodies can come together to collaborate, exchange ideas, and accelerate growth,” the ministry said in the statement.

    By facilitating easy access to knowledge and resources, BHASKAR will help unlock the full potential of India’s startup ecosystem, driving the country’s emergence as a global leader in entrepreneurship, the ministry added.

    Expressing its hope, the Ministry of Commerce and Industry added that the platform will be pivotal in creating a more resilient, inclusive, and innovation-driven economy, laying the foundation for a prosperous future.As per the official figures of the ministry, there are over 1,46,000 DPIIT-recognised startups functioning in the country, making India one of the world’s most dynamic startup hubs. 

  • Startups In India Grew Over 300 Times In 10 Years, Says Union Minister Jitendra Singh |

    New Delhi: From just about 350 startups in 2014, their number in India grew over 300 times in the past ten years after Narendra Modi took over as the Prime Minister, Union Minister Jitendra Singh said on Sunday.

    He said the country today has the 3rd largest startup ecosystem globally and is home to the fastest-growing unicorns. “For the first time in the history of independent India, Modi as PM made a painstaking and conscious effort to educate the youth of this country that employment is not confined only to a government job and he has promoted new avenues of livelihood which may be more. lucrative than a government job,” Singh, the Minister of State for Personnel.

    From just about 350 startups in the year 2014, startups in India grew over 300 times in ten years after Narendra Modi took over as the Prime Minister, he said. Singh further said, PM Modi unleashed India’s space research by opening up the hitherto conservative and secluded sector.

    “India has literally reached for the moon and beyond with the twin feats of Chardyaan-3 and Aditya L1 solar mission in the last year alone,” he added. Singh said, the number of space startups has gone up from a single digit to three digits in just about four years since the space sector was opened up to the private sector.

    PM Modi’s out-of-the-box decisions have given a push to different sectors including space, railways, roads, infrastructure and electronics-communication, and which has posted India’s economy from 11th rank to 5th largest economy and is now on the verge of occupying third rank, the Union minister said.

    Singh said, in 2014, when PM Modi took over, India stood as the world’s tenth-largest economy. “In less than ten years, we jumped to 5th position. Hopefully this year it will emerge as the 4th largest economy and during PM Modi’s 3rd term, India will be the world’s 3rd largest economy, marching on to become the no 1 economy by 2047 ,” he added.

    India of 2024 is ready to take a giant leap, backed by its scientific acumen and technological prowess, Singh said. the

    Singh said, that youth is the center of focus of the Modi government through empowerment of the “Amrit-Peedhi”. “The common citizen believes that India can become the world’s leading economy under the leadership of PM Modi because of the outreach he commands across the world and the common people also feel confident under the government headed by Narendra Modi,” he said.