 Hi friends, we go for April month original 2023 startup India. So before going to that articles, the very basic question is right now we can see government is giving greater focus on the concept of startups. So what are the importance of startups? So we will see the articles, what it says about startups and what initiatives in India government is taking to promote startups. The reason why startup is important for India and Indian economy is startup creates lot of opportunities for Indians to come out with their innovative ideas which can be converted into a commercial product or services that can contribute for the economic development. It also creates employment opportunities. Another most important thing is in India right now we have this term called demographic dividend that is most of our population very close to 60 to 65 percentage of population is in working age group that is 15 to 65 which creates lot of opportunity to develop our Indian economy from developing status to developed economy that can be done only through initiatives like startups. Because startups will provide lot of economic value and social value to the system. It creates employment opportunities and also it creates export imports. Great example for startup is countries like US and most of the services and products what we use in our life if you go and trace the history of it it all comes out with a startup. Good example is Apple, Facebook these are good examples of startups of US economy right now we can know the value of that particular products in the world and also how we are using as a individual in day to day life. So that is the reason why government is giving greater focus on startup. So with that background we will see the articles. So the four articles what we are going to discuss here is startup India Action Plan Foundation of India Startup Ecosystem, Agree Startups, Opportunities for MSME and Reaching the Last Mine. So that first we go for this startup action plan foundation of Indian startup ecosystem. Startups are the new part of Indian economy right from 1950s as we got independence by 47. Right from 1947 we are transformed from agriculture economy and we are primarily we are doing agriculture then we move towards manufacturing then we move towards services. Next level is we are focusing on the startups. So with that background so we have paragraph 1 and paragraph 2. So paragraph 1 speaks about how many startups are there in India right now correct. So they have given the year from 2016 to 2022. So 2023 so 2016 there were 500 startups. So right now it is very close to 90,000 startups. So right now we can see that startup culture in India is emerging a lot and it is being globally recognized that is another most important thing. Only few countries in the world we can see the startup as a part of their economy one is US, Israel and there are few countries in the world right now India is also in that list where we can see that globally people are recognizing that India is moving towards startup economy that is given in paragraph 1. So paragraph 2 so they are given a fact around 47 percentage of recognized startups. So recognized startups have one women director one women director. So this is also another important social dimensions of startup and we know that in India we speak a lot about gender equality both men and women are equal in that dimensions right now we can see facts is showing that around 40 percentage or 47 very close to 50 percentage of startups we have one women director in it. So this also shows that women is taking part in development of the country in from economic sense that is given in paragraph 2. So next we go for next page paragraph 1, paragraph 2, 3, 4, 5, 6 and 7. So in paragraph 1 so they speak about the life cycle of startup so life cycle of startups so first one is it starts with ideation I will see what is ideation is ideation, validation and elite traction elite traction and next thing is scaling. So this is the stages of startup. So ideation is nothing but every individual if they want to be an entrepreneur they can also try it out in startup ecosystem. Ideation is very basically to say that you have an idea to solve some problems of the society that provides a lot of business opportunities that is called ideation. Very good example for understanding ideation is take example of Zomato or Swiggy. So what they are primarily providing is they are providing dose-tip delivery of food items correct. So that is an ideation and if you are a consumer you can benefit a lot out of it especially in modern era and especially during pandemic that is an idea correct and validation, validation what is the next stages of life cycle of startup is validation. So everyone have an idea what is validation is checking the feasibility. So every idea cannot be translated into actions they check that feasibility that is called validation. Next come early traction, early traction is related how much people are using it how much people are interested in that particular ideas and finally scaling up, scaling up is making into larger system. So there is a very basic common man understanding beyond that for exam point of it is not required. So this is given in paragraph 1 and paragraph 2. So this is a life cycle for startup across the world. Any startup happening across the world is the basic idea, there is a basic life cycle. In paragraph 2 it speaks about this startup India action plan, startup India action plan. So this is on the side of the government so to encourage startups in India so government comes out with this action plan. So the action plan consists of 19 action items, 19 action items, so 19 action items and primarily focused on so simplification and hand holding, simplification and hand holding. Second one is funding support, funding support for people going for startups and incentives and they are also encouraging this industry academia partnership. To give a good example what is industry academia partnership is right now we speak about this electric vehicle. One of the biggest more successful product in India regarding electric vehicle if you take two wheeler we have this aether and if you go and check the history of aether that is an idea come out by two individuals. They want to have an electric vehicles based on electric motors and they came out to institutions like primary institutions like IITs that is industry academia partnership so that is one and finally they focus on incubation. So this is what this action plan is primarily focused on with 19 actionable items that is good in paragraph 2 and paragraph 3 speaks about so right now in India we have this DP IIT that is department for promotion of industries and internal trade that we called as DP IIT. So they are focusing on creating the startup India hub startup India hub and this hub is focusing on this on-stop online portal so it is a self-explanatory on-stop online portal and this helps to link with stakeholders and also it works on hub and spoke model so it helps to link with all the stakeholders. Stakeholders are nothing but for the people involved in the startup ecosystems starting from individuals who coming out with ideas government and also we have an experts funding all comes under this concept so this is run by government so startup India hub that is going in paragraph 3 and paragraph 4 so what are the initiatives primarily focused on funds. So right now we have this FFSS what is FS means funds of funds for startups next one is SISFS that is startup India seed fund scheme that is there and we have this CGSS that is credit guarantee scheme for startups so these are primarily focused on funding initiatives of the government so that is going in paragraph 4 and paragraph 5 so they describe about this funding mechanisms for example if you take this SISFS that is startup India seed fund scheme so they are focusing on providing debts in early stages or grants to the startups debts are nothing but money given like banks so debts and grants and FFS that is fund of funds for startups it is focusing on private equity private equity means allowing other place to invest in that ideas that is called private equity and we have this credit guarantee scheme for startups focusing on debt funding for mature startups so when the startup moves to the next level where this debt funding is being provided so that is given in paragraph 4 and 5 and paragraph 6 speaks about this again DPIIT have this startup ranking framework startup ranking framework so startup ranking framework that is primarily focused on identifying good practices so this helps to identify good practices of various other startups that helps the existing startups in states and union territories states and union territories across India they try to collect the good practices that is given under this aspect under this startup ranking framework and also in paragraph 7 startup India Yatra startup India Yatra so this is to increase startup among common man especially among youth to create this culture of entrepreneurship that is given in paragraph 7 so these are the actions taken by the government for startup economy next page we have this paragraph 1 paragraph 2 paragraph 3 and paragraph 4 so in paragraph 1 so again department of promotion of industries and internal trade so they are focusing on national startup awards national startup awards this encourages competition among various startups so that will bring the best out of the startups so the award is being created and focusing on innovation diversity quality all these are simple important criteria on which is being done the next in paragraph 2 so we have in India national startup advisory council the name itself says national startup advisory council this is an institutional mechanism created in India and they primarily focused on expanding startup ecosystems in India and focusing on developing startup environment in India so that is given in paragraph 2 and 3 so right now it is an institutional mechanism created for promoting startup and paragraph 4 which speaks about this national startup advisory council council it focus on data driven data driven policies by this national startup advisory council through stakeholders so collecting data from all stakeholders they creating lot of policies to promote startups so that is going in paragraph 4 and next news article is agree startups challenges and opportunities since this paragraph 1 so we know that Indian economy is majorly contributed by service industries but agriculture is where lot of people are employed so there is a possibility to make agriculture more efficient and productive for that startups can play a major role so that background will see that article whereas this in paragraph 1 it speaks about the unique character of Indian agriculture first and foremost thing is India's arable land so they have given the fact it is around 156 million hectares second highest in the world after US second in the world after US so only US has the largest arable land when compared with India so India has the second largest one they have given the numbers of 156 million hectares then apart from this another unique character about Indian agriculture is we have diversity of climate that is 15 aggro climatic zones and also we have 8 major soil types so why this is importance is this provide the potential for producing lot of commodities in agriculture so in Indian agriculture we have different 15 climatic zones and 8 type of soils which has a potential to develop lot of aggro commodities start for example starting from wheat or cotton to saffron correct so all these are being done in India because of this unique characters and diversity of Indian agriculture and apart from this they also given the position of India in certain aggro commodities so for example like world's largest producer India's world's largest producer so largest producer of milk pulses millets and jute so these are the aggro commodities India is leading in the world and also next page we will see that so India also second largest paragraph 1 2 3 4 and 5 second largest producer of wheat fruits and vegetables fruits and vegetables so this clearly shows that India is leading in lot of agriculture commodities if agriculture start ups aids Indian agriculture further so it can be a biggest promoter of Indian economy and also contributing for export of agriculture commodities so with this basic understanding in paragraph 1 we go for paragraph 2 so in paragraph 2 it speaks about aggro start ups aggro start ups so right now in India aggro start ups are primarily focused on technological interventions innovations innovations and technological intervention so technological intervention and right now in India we have around 3000 aggro start ups there is another fact here 3000 aggro start ups in India so as in paragraph 3 it speaks about where we have the jor difficult distribution of aggro start ups it says that 60 percentage of aggro start ups are in tire 1 and tire 2 cities tire 1 and tire 2 cities what is tire 1 and tire 2 cities basic understanding tire 1 all metrocities and tire 2 cities are below that or what we called as after state capital when you take any state most of the state capital comes under tire 1 categories next biggest city in the particular state comes under tire 2 cities and most of the 60 percentage of aggro start ups are in tire 1 and tire 2 cities so that is given here and the city wise distribution is first is Bangalore so Bangalore has the first largest number of start ups in India then followed by Mumbai and by Delhi next is Delhi so these are 3 cities where start ups are very high in India that is given in paragraph 3 so paragraph 4 where aggro start ups are mostly concentrated how they are improving in agriculture they have given the major focus one is output market linkage so this is the area where aggro start ups are focusing the next one is input supply input supply so next one is mechanization so mechanization next irrigation and mostly in all areas of agriculture they are focusing on and financial solutions they are providing financial solutions financial solutions and post harvest management so these are the few areas of start up aggro start ups focusing in agricultural activities and even they have this logistic services logistic services what is output market linkage start ups are working in this area how farmers are reaching to the market so they can come out with certain apps and all those things where farmers can directly reach to the consumers whereas input supply it focuses on assume fetalizes inputs when need to be fetalizes applied where we do not have any scientific ideas people generally put on their I wish so right now that can be in a start up focusing on all those things next thing is mechanization so trying to make Indian agriculture more machine based rather than labor based which has a greater productivity irrigation so when to irrigate how to irrigate timing of irrigation where start ups can play a major financial solution providing credit this we can see in our normal day to day life correct how are apps are being created for it and how are scores are being used for this and post harvest management so this focus on one of the biggest problem in agriculture is loss of outputs of agriculture due to unscientific management of safe safeguarding it and also logistic services so these are the areas where start ups are working that is given paragraph 4 and paragraph 5 so mostly all this problems are solved through modern modern technology or what we called as cutting edge technologies so start ups are using cutting edge technologies for solving all these problems so what are these cutting edge technologies it is listed here one is data data digitization so data digitization and SCIS software as a services machine learning machine learning data analytics so data analytics and blockchain drone AI blockchain drone so all these are being employed by start ups to make agriculture most productive so on to solve the problems as we discussed in paragraph 4 next page we have paragraph 1 2 3 and 4 in paragraph 1 it speaks about this agree business incubators agree business incubators right now being established in most of R&D institutions R&D institutions agree business incubators and its its focusing on so growing variety of services like equipments facilities business development monitoring networks so this R&D institutions helping in developing agree business incubators by providing all these things technology finance mentoring correct technology finance mentoring so all mentoring networking mentoring networking so all are provided by this agree business incubators that is in paragraph 1 paragraph 2 it speaks about this agree focus incubators in ICAR Indian Council for Agricultural Research we have this 100 agree focused incubators so again this promoting agree start ups in India that is going in paragraph 2 where a particular institution called Indian Council of Agricultural Research is promoting agree start ups and they have given some facts for it where paragraph 3 speaks about a scheme Rastriya Krishi Vikas Yujna so under the schemes what government says is they are going to provide 5 lakhs for ideas and 25 lakhs for seed seed stages we saw this life cycle of start ups based on that they give a government is providing this financial assistance so financial assistance under the scheme for agree start ups so that is going in paragraph 3 and paragraph 4 where we have Ministry of Agriculture and Farmers Agriculture and Farmers are creating annual events annual events like agree hackathon so agree hackathon so this is again promoting agree start ups in India where they found they want to find out some innovative solutions so innovative solution for agree problems agree problems the entire page highlights how government is keen to promote agree start ups in all the paragraphs we can see a lot of new initiatives of the government next page we have paragraph 1 paragraph 2 paragraph 3 and 4 so in paragraph 1 apart from Ministry of Agriculture we have this department of science and technology department of science and technology creating 25 technology innovation hubs 25 technology innovation hubs and this is primarily focused on premier institutions of India premier institutions premier institutions means like IITs and IAMs so they are creating this technology innovation and as it is technology innovation hub they will not be IIM it will be IITs and they are going to focus on IoT internet of things and AI in agriculture so this we can see from department of science and technology trying to promote agriculture through technology innovation hubs so in this the few examples are given one is IIT Kharagpur so IIT Kharagpur so IIT Kharagpur is working on AI based precision farming AI based precision agriculture of farming so artificial intelligence based precision farming right now this being promoted by IIT Kharagpur and they are focusing primarily on crop and soil health monitoring crop and soil health monitoring so similarly IIT Bombay so IIT Bombay is focusing on aerial robotics so aerial robotics and using drone imaging drone imaging and spraying so they are going to use drones for use of for pouring pesticides or monitoring crop productivity all these things so that is IIT Bombay is working on it these are few examples where you can use it in your answers and apart from this in 2016 that is given in paragraph 3 so there is paragraph 2 IIT examples of paragraph 2 in paragraph 3 2016 department of science and technology have created a program called national institute so national initiative for developing and harnessing technology national initiative for developing and harnessing technology take harnessing innovations sorry innovations and this primarily focused on startups I will repeat again national initiative for developing and harnessing innovations so this is in again DST is doing it in from since 2016 that is going in paragraph 3 and paragraph 4 these are some of the recent initiatives of the government focusing on adult innovation mission adult innovation mission so where we have this thousand sorry 10000 so 10000 adult tinkering labs adult tinkering labs and incubation centers and adult community innovation centers so all these are being done by under this adult innovation mission some facts are given like 50 adult community innovation centers so this is all related to initiatives of the government for promoting of these startups and next page paragraph 1 paragraph 2 paragraph 3 and paragraph 4 so in paragraph 1 it speaks about 2023 is identified as a international year of millets in that right now we have 500 startups 500 startups working on millet value chains millet value chains so that is another important information especially under this indian council for agricultural research and rastriakri sivikas yojna so that is given in paragraph 1 and paragraph 2 so in that paragraph 2 out of 500 startups 66 startups have received around 6.25 crore as a funding as funding so that is given paragraph 2 whereas paragraph 3 speaks about the current budget in current budget that is 2023 and 24 so government has announced this agree focused accelerator fund agree focused accelerator fund to promote startups in agriculture sector and especially in rural agree startups rural agree startups and finally paragraph 4 so it given some facts for it so for the as per economic survey so economic survey 2022 23 so these are the government documents where we can refer in our answers says agree startups have raised around 6000 or 6600 crores for agree startups being raised in the last year and and around for private equity investors over last four years growth rate of 50 percentage per year so these are all based on private equities a lot of outsiders are investing in agree startup it is not government is funding it it is all outsiders are finding the agree startup this clearly shows the confidence in agree startups next article is opportunities for MSME in Amritka so MSME stands for micro small and medium enterprises in manufacturing economy so these MSME sectors have a biggest impact on the development of the country so that is the reason why government is giving greater focus on it micro small and medium enterprises so in that aspect we go for a paragraph 1 so paragraph 1 speaks about the importance of MSMEs to modern day system and especially right now government is focusing on infrastructure development infrastructure development for that government have this national infrastructure pipeline national infrastructure pipeline and also we have this atman nirbar barat abyan atman nirbar barat abyan so this is a two primary focus of the government developing infrastructures which provides lot of opportunities for MSME that is going in paragraph 1 so they have under this lot of goods and services are being consumed by the government where MSMEs can provide a lot of opportunity MSMEs have lot of opportunities to provide these goods and services that is going in paragraph 1 in paragraph next page paragraph 1 so paragraph 2 paragraph 3 and paragraph 4 so in paragraph 1 it says about the potential so potential of this initiative of atman nirbar barat and all those things so first and foremost thing is MSMEs MSMEs can use the digital technologies so digital technologies to gain the advantages of existing opportunities that is given here by based on digital technologies they can improve their operations new customers and explore new markets that is going in paragraph 1 and paragraph 2 again related to MSMEs says about the schemes of the government so what are the government schemes for MSMEs so government schemes one is EPCG that is export promotion capital goods so right now government is giving greater focus on it so whenever some MSMEs are involved in this they are promoting this aspect of capital goods export promotion capital goods scheme next thing is merchandise exports from india scheme merchandise exports from india scheme that is the second one and this primarily focused on export opportunities of export opportunities for MSMEs export opportunities for MSMEs next paragraph 3 speaks about the potential of MSMEs in medical devices so they can focus on medical devices or PPE right now during pandemic or IT solutions in healthcare so all this can be taken leverage by MSMEs that is an opportunity in modern day AI India that is going paragraph 3 and paragraph 4 a new opportunity regarding green energies so renewable energies can also be focused by MSMEs by MSMEs so in this page we can identify how in india lot of opportunities are existing for MSMEs so when it is renewable energy it can be solar wind solar wind where they can focus on providing solutions storage solutions basic like creating batteries for all these things so these are the potentials what given in this paragraph the next figure for next page paragraph 1 paragraph 2 3 4 5 and 6 so in paragraph 1 so so in paragraph 1 says about this local manufacturing and local sourcing so local manufacturing and local sourcing which is being promoted by the government which provides greater opportunities for MSMEs as government is the major consumer of products and services and government have a policy we will see that later where local consumptions are being encouraged especially we can see newspapers regarding different sectors and so that has a great opportunity that is given in paragraph 1 and paragraph 2 speaks about the importance of MSME why MSME is required around 45 percentage 45 percentage of manufacturing is done by MSMEs 45 percentage of manufacturing is done by MSMEs and similarly 110 million people are employed so so these are the potential of MSMEs why we need to focus on MSMEs that is given paragraph 2 and paragraph 3 also speaks about MSMEs also helps in paragraph 3 focus on decentralization so decentralization of industries what is decentralization of industries means as it says micro small and medium enterprises these companies can be created in rural areas which results in development of rural areas also so when government is giving importance for MSMEs industries can be developed across India there is no difference between urban and rural areas because this micro small and medium enterprises can be accommodated in any geographical regions so that is the biggest advantage of MSMEs that is decentralization of industries that is given in paragraph 3 and this helps in socioeconomic development this helps in socioeconomic development socioeconomic that is given in paragraph 3 and paragraph 4 so MSMEs also play a major role in Indian economy by providing MSMEs apart from this they have a direct impact on GDP employment which we see or saw right now employment and also innovation so MSMEs can promote lot of innovations and finally exports so these are the potentials of MSMEs that is given in paragraph 4 and paragraph 5 so what is the role of government in it how government is promoting MSMEs first thing is through funding so government is promoting providing funding we saw it in the previous page and technological upgradation so technological upgradation so for that government is helping MSMEs skill development so MSMEs also being provided skill development market access so this is all promoted by the government to encourage MSMEs that is given in paragraph 5 and paragraph 6 speaks about funding opportunities we saw that credit guarantee fund transfer credit guarantee fund transfer for MSMEs we will see the next page that related to that paragraph 1 2 3 4 6 7 so when you take this paragraph 1 so we have this credit guarantee for micro and small enterprises so this is one in scheme of the government and we have this prime minister's employment generation program and micro and small enterprises cluster development program so this is all the focus of government this we can see in the previous funding supports these are being funding for MSMEs so government is promoting that and next technological upgradation that is given in paragraph 2 we have this TUFS that is technological upgradation fund scheme where government is providing financial assistance to the MSMEs to upgrade their technologies that is taken care by the government and for skill development in paragraph 3 it speaks about this national skill development corporation so it is being created in India and we have this initiatives like skill India mission skill India mission so MSMEs can use this opportunity to upgrade their skills especially their employees and for market taxes where in paragraph 4 it speaks about this national small industries corporation especially focusing on marketing of MSME products MSME products and services and also we have this procurement policy public procurement policy public so recently listed out by the government which says that 25 percentage of government procurement should be from MSMEs so 25 percentage of products or services procured by the government should be coming from MSMEs that is public procurement policy for micro micro and small enterprises for micro and small enterprises so that is another initiative now apart from this in paragraph 5 it speaks about Udyog Aadar registration so this helping in regulation of MSMEs so like individual Aadars for MSMEs is also Aadar is being provided and we have this MSME facilitation centers MSME facilitation centers all done by government facilitation council we have for facilitation councils where they can say the grievances regarding government regulations and all those things whereas in paragraph 6 it speaks about Pradhan Mandir employment generation Pradhan Mandir employment generation program so it is focusing on self employment and entrepreneurship which results in micro small medium enterprises so that is the focus of it and also we have this credit guarantee fund transfer for micro and small enterprises that is to provide financial assistance to the MSMEs so that is given in paragraph 7 that is credit guarantee trust for micro and small enterprises that is banks and financial assistance financial assistance so that is given there and right now in this page we go for this paragraph 1 we saw that financial assistance through banks is given whereas offset policy that is paragraph 2 so that is what being said especially in defense contracts so different contracts defense contracts so around a certain percentage of contract value Indian defense manufacturer percentage of contract value and we know that India is importing lot of defense hardware and in the defense contract itself government says that there are certain percentage of your defense export should be coming from India itself so simple to say that if India is buying Rafale it is not that all the equipments of Rafale should be only from France the contract says that there should be certain components being manufactured from India which should be used in Rafale so where MSMEs have greater opportunities next thing is paragraph 1 paragraph 2 so in paragraph 1 IDX is there that is Indian defense innovation for defense excellence that is called IDX where they are focusing on innovations in defense manufacturing again MSMEs can be playing a major role that is defense innovations so IDX is conducted every year and especially focusing on startups and MSMEs all play a major role that is given paragraph 1 and paragraph 2 we have this defense industrial corridors defense industrial corridors so there are 16 6 regions okay 6 regions across India has been identified for it and defense manufacturing clusters are being promoted manufacturing clusters and when you speak about defense manufacturing everything MSMEs are playing a major role in it micro small and medium enterprise are playing a major role in it so for that only government is identifying defense industrial corridor and another thing is FDA that is given in this paragraph 3 so paragraph 3 FDA investments in MSMEs when foreign direct investment comes into MSMEs what are the advantages that is given as 6 points that is access to capital so MSMEs can get global technology so they can get global technology from FDA investments and market taxes so they can go for that international markets management expertise management expertise and next we have brand building so they can build brand at global level and finally employment generation employment generation so FDA investments in MSMEs has this potentials and this benefits to the system so that is the point 6 points here which you can use it for your answer writing why MSMEs are required and why FDAs are required in MSMEs and finally regarding financing opportunities in paragraph 1 we have this non-banking financial corporations finance companies they are also funding MSMEs and it's very flexible criterias on which they fund flexible in funding that is in BFCs and second possibility is through peer to peer lending so peer to peer lending is also promoted for MSMEs where lower interest rates are given lower interest rates so as some successful MSMEs see the potential of another MSME which is upcoming they can also fund their particular MSMEs that is flexible loans are being given and next thing is trade credit so trade credit is primarily focused on MSMEs will supply products or services to the larger prayer where they'll give some credit to them that's called trade credit this also is a financial solution for MSMEs and we have this angel investors angel investors and venture capitalists this is primarily focused on MSMEs and startups combination and there are some small companies coming out startup ideas which comes under the category of micro small and where this angel investors and venture capitalists can fund the particular ideas and finally last one is crowdfunding crowdfunding is nothing but generally people are collecting together and funding the MSMEs and finally government schemes government schemes so these are some of the funding sources for MSMEs that's given here the next article is startups reaching last month startups reaching last month paragraph 1 2 3 and 4 in paragraph 1 it speaks about economic growth based on entrepreneurship and innovation so economic growth of any system is well ensured through entrepreneurship and innovation so that is the most important requirement and India is focusing on it that's given in paragraph 1 and paragraph 2 startup India program was initiated in the year of 2016 so startup India program was initiated in the year of 2016 primarily focused on the first point that is entrepreneurship and innovation and paragraph 3 speaks about importance of ecosystems of startup that is startup ecosystem ecosystem is nothing but required environments that is incubators which you already saw in the previous articles and accelerators incubators accelerators and funding agencies funding agencies that is given in paragraph 3 and also primary focus of startup India initiative simplification and hand-holding funding and incentives which you already saw in the previous paragraphs or previous articles and paragraph 4 speaks about some of the datas which is given by NASCOM expansion of NASCOM is national association of software and services companies and they have come out with some of the datas that is by 2025 startups as will create around 5 lakh new jobs 5 lakh new jobs so that is a potential of startup ecosystems startups and apart from this foreign investments that is foreign investments by the year of 2019 data is given around dollar 14 billion so this we need to compare with 2014 which was around 4 billion 3.9 billion so we can see that huge jump in foreign investments regarding startups these are some of the data is given by NASCOM which we can use it in your answers so we can see the startup ecosystem and startup culture is thriving in India next page paragraph 1 paragraph 2 paragraph 3 paragraph 4 5 and 6 so paragraph 1 speaks about this global innovation index where India's rankers India's ranking that is 2021 we are in 48th position which we need to compare with 2015 that was around 81th position so we have monthly improvements global innovation index this can also be used as introduction for answers and paragraph 2 speaks about the challenges all the remaining paragraphs speaks about challenges and primary focus of challenges of Indian startups startup challenges first challenges regarding lack of access to funds access to funds that is the biggest problem for startup even though government has created a lot of opportunities but there is always a gap between startups and reaching the funds that is lack of access to funds so that is given in paragraph 2 especially early startups early state startups early state startups whereas in paragraph 2 also another thing is lack of skilled manpower to make startups more to the next stages requirement is more skilled manpower is required so that right from the different cycles of startups right from ideation to scaling where high level of skilled workforce is required that is also lacking in India that is given in paragraph 2 and paragraph 3 another biggest challenge of startups is startups are primarily focused on technology so they are not in agriculture healthcare agree healthcare healthcare and education where startups are not focusing on it this is the area where India needs startups but in India right now technological startups are more rather than startups in agree healthcare and education that is another biggest challenge that is given in paragraph 3 and paragraph 4 says that current position of India so India is the third largest startup ecosystem for that they have given the data around 50,000 startups are there this is the data which we can use for answer and if paragraph 5 speaks about promoting startups right now Airtel innovation mission so Airtel innovation mission is focusing on startups that is given in paragraph 4 and also we have smart cities mission smart cities mission which is also promoting startups especially to solve the problems of cities so as paragraph 6 focus on so regulation issues so regulation issues are another biggest problem in startup at the especially lack of clarity in defining startups defining startups that is another biggest problem in India that is given in paragraph 6 which creates a lot of confusion among stakeholders and especially related to IPR issues IPR issues are all coming because of this definition of what is startup means that is given in paragraph 6 and next paragraph 1 next page paragraph 2 paragraph 3 and paragraph 4 paragraph 1 speaks about the concept of startup India sorry stand up India so like startup India stand up India is focusing on women comma SC and ST entrepreneurs that's the focus of stand up India so right now we can see the startup is also being democratized or it's primarily focused on social goals also where women and SC STs which are considered to be the weaker section of India is being encouraged through this program called stand up India that is given in paragraph 1 and also we have national handicap finance development corporation so this is also focusing on differentiable people in startup cultures financial assistance for startups so this clearly shows the startup is not only being focused on economic angle social angle is also given by the government that's going in paragraph 1 and paragraph 2 speaks about ministry of commerce and industries so where we can see that let startups India has increased 50 percentage of women in startups so as per ministry of commerce and industries it said that 50 percentage of startup India where we can see women are being part of part of it so in startup that is the data is given and similarly we have SC and ST entrepreneurs also taking part in startup that's given in paragraph 2 and paragraph 3 so contradicting information are given in paragraph 3 especially Oxfam India this is an organization or we call this pressure groups or similar to it's not part of the government they have given some datas so only 17 percentage of startups are being funded by women women funded women funded and one percentage is with disabilities one percentage with disabilities and finally paragraph 4 says that so startups especially stand up India's focusing on marginalize communities and providing opportunities to remove social discrimination on all those things okay so it has increased opportunities for weaker sections that is given there what are the opportunities for example to avoid social discrimination funding funding is there and training opportunities so training opportunities access to find funds all are taken care by the stand up India okay thank you