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TMI BlogExpenditure On 'Startup India' ProgrammeX X X X Extracts X X X X X X X X Extracts X X X X ..... Expenditure On 'Startup India' Programme X X X X Extracts X X X X X X X X Extracts X X X X ..... of 74 Startups have been recognized to avail tax exemption under Section 80 IAC of Income Tax Act, * 975 applicants have received benefits under the Startups Intellectual Property Protection (SIPP) scheme, * Startup India Hub has been established as a single point of contact for the entire Startup ecosystem to enable knowledge exchange and access to funding. So far, 15,000 users have registere ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d on the Startup India Online Hub. The hub has resolved 75,643 queries pertaining to starting a business, access to incubation, raising funds, etc. * Learning and Development module of the Startup India program has been used by1,89,000 individuals so far. The details of expenditure incurred by DIPP under Startup India initiative are as under: Under the Fund of Funds for Startups (FFS): * INR ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 500 crore has been released to SIDBI in Financial Year 2015-16 and INR 100 crore in Financial Year 2016-17 * Total commitments under FFS by SIDBI are at INR 605.7 crore to 17Alternative Investment Funds (AIFs). * AIFs have drawn INR 90.62 crore from the FFS and have invested atotal of INR 337.02 crore in 75 Startups. * The expenditure incurred by DIPP through different activities undertaken ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by DIPP for Startup India initiative is INR 2.7 crore in Financial Year 2015- 16, INR 4.8 crore in Financial Year 2016-17 and INR 13.2 crore in Financial Year 2017-18.
Under DIPP recognized 5350 Startups atleast 40,000 people have been employed. The data about other Startups is not centrally compiled. X X X X Extracts X X X X X X X X Extracts X X X X
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