The Start-up India initiative devised by the Government of India is a platform for young entrepreneurs to comprehend business and achieve prosperity. This measure has, to a certain extent, created employment opportunities in India. The article briefly discusses the Start-up India policy. It highlights the number of start-ups recognised by the Department for Promotion of Industry and Internal Trade in X, Y and Z metropolitan areas. It also focuses on the ventures that witnessed closure due to the absence of prerequisites. To conclude, the article discusses the challenges confronting ventures in general and the Y and Z metropolitan areas in particular.
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Ministry of Commerce & Industry. (2024c, December6). Recognised startups create over 16.6 lakh direct jobs across more than 55 varied industries. Press Information Bureau. https://pib.gov.in/PressReleasePage.aspx?PRID=2081538
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