NEW DELHI — Led by Assam, there are at least 2,054 startups in the northeast
region now, the Central government informed on Thursday.
While Assam has 1,487 startups, Manipur has 179 and Tripura
has 141 startups so far, Minister of State in DoNER Ministry, Dr Sukanta
Majumdar, said in a written reply to a question in Rajya Sabha.
In addition, the North Eastern Development Finance
Corporation Ltd., an NBFC under the administrative control of the Ministry of
Development of the North Eastern Region through the North East Enterprise
Development Scheme (NEEDS) scheme, has been supporting first-generation
entrepreneurs in developing the startup ecosystem of North East Region of
India.
The government, with an intent to build a strong ecosystem
for nurturing innovation and startups, and encouraging investments in the
startup ecosystem of the country launched the ‘Startup India’ initiative on
January 16, 2016.
The Centre is implementing various flagship and other
schemes for the development of the northeast region through the respective
ministries/departments.
Under 10 per cent general budget allocation (GBS), an
expenditure of Rs 5.74 lakh crore has been incurred by Central
ministries/departments since the financial year 2014-15, according to the
Ministry of Development of North-East Region.
The DoNER Ministry is also implementing five schemes under
which development projects are posed by the state governments of the northeast
region as well as by the Central ministries/agencies for implementation in the
region.
Earlier this month, Union Finance Minister Nirmala
Sitharaman announced significant measures to bolster registered micro, small,
and medium enterprises (MSMEs) and startups.
With more than 1.59 lakh startups recognised by the
Department for Promotion of Industry and Internal Trade (DPIIT) as of January
15, India has firmly established itself as the third-largest startup ecosystem
in the world.
Recognised startups have created over 16.6 lakh direct jobs
across more than 55 varied industries. The highest number of direct jobs were
created in the IT sector (2,04,119), followed by healthcare and life sciences
(1,47,639), and professional and commercial services (94,060), according to the
latest government data.
