DPIIT-Recognised startups employed 7.68 lakh people across the country

The government informed Parliament on Monday that the startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) employed 7.68 lakh people across the country as of June 30, 2022. 

According to data presented in Lok Sabha by Minister of State for Skill Development and Entrepreneurship Rajeev Chandrasekhar, startups created the most jobs in Maharashtra (1,46,132), followed by Karnataka (1,03,541) and Delhi (87,643). In response to a question about startup schemes, the minister stated that the DPIIT has implemented the Fund of Funds for Startups (FFS) scheme and the Startup India Seed Fund (SISF) scheme, which provide financial assistance to startups through AIFs and incubators, respectively.

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