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India has 70,000 recognised start-ups: PM Modi at MP govt function

Under the new policy, start-ups would get subsidies towards rent and salaries of employees

PM Modi
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PM Narendra Modi | Photo: ANI

Press Trust of India Indore
Prime Minister Narendra Modi on Friday launched the Madhya Pradesh government's Start-Up Policy 2022 and a start-up portal through video link in the presence of young entrepreneurs here.

Under the new policy, start-ups would get subsidies towards rent and salaries of employees.
 
Modi also interacted with a few entrepreneurs on this occasion to learn about their start-ups, and advised them about how they could benefit people.

In 2014, there were 300 to 400 start-ups in the country, but in eight years their number rose and now there are 70,000 recognised start-ups, the prime minister said.

Chief Minister Shivraj Singh Chouhan

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)