Is the Government Truly Empowering Entrepreneurs from Tier 2 and 3 Cities?
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Synopsis
The government under PM Modi is making strides to empower entrepreneurs, particularly in tier 2 and 3 cities. With the launch of the National Startup Awards and a commitment to enhance innovation through collaborative efforts, the focus is clear: fostering a robust entrepreneurial ecosystem across India. Discover how this initiative is reshaping the future of startups.
Key Takeaways
- Government's focus on tier 2 and 3 cities
- Innovation as a core pillar
- National Startup Awards fostering diversity
- Over 1.75 lakh startups recognized
- Commitment to Viksit Bharat 2047
New Delhi, July 16 (NationPress) The government led by Prime Minister Narendra Modi has continually reinforced the startup ecosystem and is dedicated to further empowering entrepreneurs, particularly from tier 2 and tier 3 cities, through inclusive initiatives aimed at unlocking India’s entrepreneurial potential, as emphasized by Commerce Minister Piyush Goyal.
During the 10th gathering of the National Startup Advisory Council (NSAC) held here, which convened industry leaders, startup founders, policymakers, and essential stakeholders, the minister pointed out that innovation is crucial for reimagining India’s startup landscape, stressing the need to advance R&D and promote collaboration.
“He highlighted that collective efforts will be vital in nurturing a dynamic entrepreneurial environment, aiding India’s path towards Viksit Bharat 2047, ” Goyal stated in a post on the X social media platform.
The Union Minister engaged constructively with deep-tech startups to gather their experiences and insights.
“The discussions revolved around improving access to funding, infrastructure support, regulatory facilitation, and global market connections. Key suggestions were made regarding how to bolster the deep-tech ecosystem and encourage innovation across various sectors. The conversation reaffirmed our dedication to creating a supportive and future-ready landscape for emerging technologies and entrepreneurs,” Goyal noted.
In parallel, the Department for Promotion of Industry and Internal Trade (DPIIT) has commenced the application process for the fifth edition of the National Startup Awards (NSA), a flagship initiative under the Startup India programme.
The NSA encompasses a broad array of sectors including agriculture, clean energy, fintech, aerospace, health, education, cybersecurity, and accessibility, among others. Each edition introduces new categories to adapt to changing challenges and prospects.
Initiated in 2016, Startup India has significantly transformed the entrepreneurial landscape of India, fostering innovation and empowering youth, women, students, and first-time founders, particularly from tier 2 and tier 3 cities.
To date, over 1.75 lakh startups have been recognized by DPIIT, representing nearly every district in India and spanning various sectors including agriculture, health, education, energy, and deep tech.
Point of View
It's evident that the government's initiative to empower entrepreneurs from tier 2 and 3 cities reflects a commitment to inclusive growth. By facilitating innovation and providing necessary support, the government is fostering an environment conducive to entrepreneurship. This aligns with the nation's broader vision of a developed India by 2047, ensuring that no region is left behind.
NationPress
16/07/2025
Frequently Asked Questions
What initiatives is the government taking to support startups?
The government is focusing on enhancing access to funding, providing infrastructure support, and facilitating regulatory processes to support startups.
Who can participate in the National Startup Awards?
The National Startup Awards are open to startups across various sectors including agriculture, clean energy, fintech, and more.
How many startups have been recognized by DPIIT?
Over 1.75 lakh startups have been recognized by the DPIIT, representing diverse sectors and regions across India.
