Startups can help India’s rural economy go digital: Piyush Goyal

Union Trade and Industry Minister Piyush Goyal on Wednesday called on startups to help micro-entrepreneurs in rural areas leverage technology to grow their businesses and encourage farmers, weavers and artisans to use digital platforms to sell their products.

“Startups will help India transition from an assembly economy, especially in the digital world, to a knowledge-based economy,” Goyal said while addressing the 16th India Digital Summit 2022 virtually here on Wednesday.

“It has been six years since the Startup India Mission was launched. In these six years, we have already produced 82 Unicorns, the third largest in the world, while more than 60,000 startups are registered with DPIIT.

“With the growing recognition of our skilled people around the world, investors are lining up from around the world to come and participate in the revolution we are witnessing in the startup ecosystem. From 2018 to 2021, more than six million jobs have been created by our startups. Last year alone, more than two million jobs were created,” Goyal said.

Minister unveiled ‘LEAP’ – Leverage, Incentivize, Access and Promote – as the way forward for startups

“There is always room for improvement and with ‘Sabka Prayas’ we can further strengthen our startup ecosystem,” he said.



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

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