IT, Healthcare, Education Sectors Lead In Number Of Recognised Start-Ups
Government had started the Startup India programme on January 16, 2016 with the aim of promoting and encouraging entrepreneurship, innovative ideas as well as enabling large-scale employment opportunities.
According to official data of Commerce Ministry, recognised start-ups have risen from just 726 in 2016-17 to 66,810 in 2021-22 (till March 28, 2022).
Official sources said that the growth has been such that there is at least one recognised start-up from every state and around 50 per cent of these are from tier-2 and tier-3 cities.
As per official data, these recognised start-ups are spread across 640 districts and led to the creation of more than 7 lakh jobs across the country.
Out of the 66,810 recognised start-ups, the IT services sector leads the list with 8,374 start-up. This is followed by theÂ
healthcare sector under which 6,191 start-ups are listed.
Education sector has 4,457 start-ups listed under it, followed by commercial services (3,331 start-ups), agriculture sector (3,074), fintech sector (2,094) and technology hardware (with 2,070 start-ups listed under it).Â
In addition to this, government has recognised start-ups which are spread across 56 diversified sectors, official sources informed. More than 4,500 start-ups have been recognised in sectors relating to emerging technologies like Internet of Things, robotics and artificial intelligence among others.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
-
You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
-
Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
-
FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.
-
Everything, Everywhere, All At Once: Dalal Street's Week To Forget | Joining The Dots
Visa curbs, a Starlink spat and cancer drug caps: what connects this week's shocks for Indian markets
-
India Is Going Abroad For Critical Minerals. But It May Take Years To Pay Off | The Reason Why
Although India's steps are in the right direction, they remain modest compared with India's growing dependence.
-
When Everyone Has AI, What Gives You An Edge?
India's young workforce is entering an uncertain world of work where powerful AI tools are becoming widely accessible. The advantage will belong to those who combine deep expertise with digital fluency, and the distinctly human capabilities that technology cannot manufacture.