- Role:
- Aims at promoting bank financing for startup ventures.
- Boosts entrepreneurship and encourages job creation.
- Provides a comprehensive action plan based on simplification, funding, and partnerships.
- Impact on Entrepreneurship:
- Led to India having the 3rd largest startup ecosystem globally.
- Encouraged a culture of entrepreneurship and innovation.
- Provided funding support and incentives.
- Facilitated industry-academia partnerships and incubation.
- Helped in formalizing and recognizing startups.