The Startup India Initiative, launched on ___________ has rolled out several programs with the objective of supporting entrepreneurs.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e 16th January 2016
On 16th January 2016, the Startup India Initiative was launched.
- It has rolled out several programs with the objective of supporting entrepreneurs, building a robust startup ecosystem, and transforming India into a country of job creators instead of job seekers including SETU and Atal tinkering labs.
- Under the Startup India initiative, eligible companies can get recognized as Startups by DPIIT, to access a host of tax benefits, easier compliance, IPR fast-tracking & more.
- The goal of Startup India is the development and innovation of products and services and increasing the employment rate in India.
- The benefits of the Startup India Scheme are Simplification of Work, Finance support, Government tenders, and Networking opportunities.