Lok Sabha Question No. 2452 (UNSTARRED), answered on 2024-12-10
Subject: Protection of Startups
Ministry: COMMERCE AND INDUSTRY
Asked by: Shri K Radhakrishnan

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT FOR PROMOTION OF INDUSTRY AND INTERNAL TRADE

## LOK SABHA

## UNSTARRED QUESTION NO. 2452. TO BE ANSWERED ON TUESDAY, THE 10 TH  DECEMBER, 2024.

## PROTECTION OF STARTUPS

## 2452. SHRI K RADHAKRISHNAN:

Will the Minister of COMMERCE AND INDUSTRY be pleased to state: वाणिज्य एवं उद्योग मंत्री

- (a) whether the most of the startups are unable to sustain due to various factors and if so, the reasons therefor;
- (b) the  details  and  the  number  of  recognized  startups  that  are  functioning  and closed  across  the  country  during  the  last  five  years  and  the  current  year, State/UT-wise;
- (c) whether  any  measures  have  been  taken  by  the  Government  to  protect  the startups recling under pressure; and
- (d) if so, the details thereof?

## ANSWER

## वाणिज्य एवं उद्योग मंत्रालय में राज्य मंत्री ( श्री णिणिन प्रसाद ) THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY (SHRI JITIN PRASADA)

- (a) & (b): The  Government  with  an  intent  to  build  a  strong  ecosystem  for  nurturing innovation,  startups  and  encouraging  investments  launched  the  Startup  India initiative on 16th January 2016.

As per eligibility conditions prescribed under G.S.R. notification 127 (E) dated 19th February  2019,  entities  are  recognized  as  'startups'  under  the  Startup  India initiative by the Department for Promotion of Industry and Internal Trade (DPIIT). As of 31st October 2024, a total of 1,52,139 entities have been recognised as startups.

The  State/Union  Territory  (UT)-wise  number  of  entities  which  have  been recognised as startups by DPIIT as of 31st October 2024 and 5063 companies recognised as startups by DPIIT which are categorized as closed (i.e., dissolved/struck-off) as per the Ministry of Corporate Affairs (MCA) [basis status of entities as on 5 th  December 2024] are placed as Annexure-I.

- (c) & (d): Under the Startup India initiative, the Government constantly undertakes various efforts  to  support  startups  and  to  create  a  conducive  environment  for  the sustainable growth of startups.

The flagship Schemes namely, Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS) and Credit Guarantee Scheme for Startups (CGSS)

support startups at various stages of their business cycle. The Government also implements periodic exercises and programs including States' Startup Ranking, National Startup Awards, and Innovation Week which play an important role in the holistic  development  of  the  startup  ecosystem.  Initiatives  to  improve  market access and enable public procurement support startups in growing and scaling up their businesses. Digital platforms such as the Startup India Hub portal and Bharat Startup Knowledge Access Registry (BHASKAR) enable easy access to resources and  startup  ecosystem  collaboration.  These  measures  are  complemented  by regulatory reforms and other ecosystem development events and programs.

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## ANNEXURE-I

## ANNEXURE REFERRED TO IN REPLY TO PART (a) & (b) OF THE LOK SABHA UNSTARRED QUESTION NO. 2452 FOR ANSWER ON 10.12.2024.

The State/UT-wise number of entities which have been recognised as startups by DPIIT as of 31st October  2024  and  the  number  of  entities  which  have  been  recognised  as  startups  by  DPIIT categorized as closed (i.e., dissolved/struck-off) as per as per the Ministry of Corporate Affairs (MCA) [basis status of entities as on 5th December 2024] are as under:

| State/UT                                 | Number of entities which have been recognized as startups by DPIIT   | Number of entities recognised as startups categorized as closed (i.e., dissolved/struck-off)   |
|------------------------------------------|----------------------------------------------------------------------|------------------------------------------------------------------------------------------------|
| Andaman and Nicobar Islands              | 68                                                                   | 3                                                                                              |
| Andhra Pradesh                           | 2,446                                                                | 101                                                                                            |
| Arunachal Pradesh                        | 44                                                                   | 1                                                                                              |
| Assam                                    | 1,434                                                                | 56                                                                                             |
| Bihar                                    | 3,054                                                                | 86                                                                                             |
| Chandigarh                               | 521                                                                  | 19                                                                                             |
| Chhattisgarh                             | 1,679                                                                | 51                                                                                             |
| Dadra and Nagar Haveli and Daman and Diu | 60                                                                   | -                                                                                              |
| Delhi                                    | 15,645                                                               | 593                                                                                            |
| Goa                                      | 562                                                                  | 21                                                                                             |
| Gujarat                                  | 12,540                                                               | 232                                                                                            |
| Haryana                                  | 7,961                                                                | 243                                                                                            |
| Himachal Pradesh                         | 543                                                                  | 11                                                                                             |
| Jammu and Kashmir                        | 942                                                                  | 34                                                                                             |
| Jharkhand                                | 1,425                                                                | 59                                                                                             |
| Karnataka                                | 16,093                                                               | 644                                                                                            |
| Kerala                                   | 6,173                                                                | 197                                                                                            |
| Ladakh                                   | 18                                                                   | -                                                                                              |
| Lakshadweep                              | 3                                                                    | -                                                                                              |
| Madhya Pradesh                           | 4,913                                                                | 149                                                                                            |
| Maharashtra                              | 27,014                                                               | 929                                                                                            |
| Manipur                                  | 164                                                                  | 9                                                                                              |
| Meghalaya                                | 58                                                                   | 4                                                                                              |
| Mizoram                                  | 40                                                                   | 3                                                                                              |
| Nagaland                                 | 80                                                                   | 4                                                                                              |
| Odisha                                   | 2,670                                                                | 109                                                                                            |
| Puducherry                               | 160                                                                  | 6                                                                                              |
| Punjab                                   | 1,672                                                                | 38                                                                                             |
| Rajasthan                                | 5,395                                                                | 160                                                                                            |
| Sikkim                                   | 11                                                                   | 1                                                                                              |
| Tamil Nadu                               | 10,053                                                               | 269                                                                                            |
| Telangana                                | 7,918                                                                | 301                                                                                            |
| Tripura                                  | 133                                                                  | 9                                                                                              |
| Uttar Pradesh                            | 14,429                                                               | 487                                                                                            |
| Uttarakhand                              | 1,217                                                                | 49                                                                                             |
| West Bengal                              | 5,001                                                                | 185                                                                                            |
| TOTAL                                    | 1,52,139                                                             | 5,063                                                                                          |

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