CSEET · Economic and Business Environment · Entrepreneurship Scenario
Which Government of India initiative, launched in 2016, is mainly aimed at building a strong ecosystem for nurturing innovation and startups by offering support such as simplified compliance and funding access?
Startup India is the correct answer. Launched in 2016, it aims to build a strong ecosystem for innovation and startups through simplified compliance, funding support and incubation, whereas the other schemes address financial inclusion, sanitation and digital document storage.
- AStartup IndiaCorrect
- BSwachh Bharat Mission
- CDigital Locker Scheme
- DJan Dhan Yojana
Explanation
Startup India was launched in 2016 to promote startups through simplified compliance, funding support and incubation. Jan Dhan Yojana concerns financial inclusion, Swachh Bharat concerns sanitation, and the Digital Locker concerns document storage, so none of these targets startup ecosystems.
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