CSEET · Economic and Business Environment · Entrepreneurship Scenario
Which Government of India initiative, launched in January 2016, aims to build a strong ecosystem for nurturing innovation and startups by offering benefits such as tax exemptions, simplified compliance and funding support to recognised startups?
The correct answer is Startup India. Launched in January 2016, it is the government's flagship programme for building a startup ecosystem through recognition, easier compliance, tax benefits and funding support, unlike Make in India, Digital India or Skill India, which target manufacturing, digital infrastructure and training respectively.
- AStartup IndiaCorrect
- BMake in India
- CDigital India
- DSkill India
Explanation
Startup India, launched in January 2016, is the flagship programme specifically designed to foster startups through recognition, simplified compliance, tax benefits and funding support. Make in India focuses on promoting manufacturing, Digital India on digital infrastructure, and Skill India on training, so none of them is the startup-specific programme.
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