13 June 2026·PIB

India's Start-up Ecosystem Generates Nearly 25 Lakh Jobs; Number of Start-ups Surges from Around 350 to 2.3 Lakh: Dr. Jitendra Singh

In this note

1. At a Glance

Startup India is the flagship national programme (launched 16 January 2016) implemented by DPIIT, Ministry of Commerce & Industry, to nurture innovation-driven enterprises. [2][3]
As of mid-2026, India is the world's third-largest start-up ecosystem, with ~2.3 lakh DPIIT-recognised start-ups generating ~25 lakh direct jobs — up from ~350 start-ups in 2016. [1][2]
Examinable for GS-III (Economy, Science & Tech) and Essay (Viksit Bharat 2047, innovation, employment).

On 13 June 2026, Dr. Jitendra Singh, Union MoS (IC) Science & Technology, addressed the 6th RISE (Research, Innovation, Science & Entrepreneurship) Conclave 2026 in Bengaluru on the theme "Innovation & Entrepreneurship Driven Growth for Viksit Bharat 2047". [1][4]
He stated start-ups have surged from ~350 to ~2.3 lakh, creating ~25 lakh jobs, with >50% from Tier-2/Tier-3 cities; RISE 2026 featured 125+ deep-tech start-ups. [1][2]

16 Jan 2016: PM Modi launches Startup India action plan. [2]
2016: Fund of Funds for Startups (FFS) — ₹10,000 cr corpus operated by SIDBI. [2]
2021: Startup India Seed Fund Scheme (SISFS) — ₹945 cr corpus. [2]
2022: Credit Guarantee Scheme for Startups (CGSS). [2]
16 Jan: observed annually as National Startup Day. [2]
RISE Conclave instituted by CSIR; 5th edition held in Chennai (2025), 6th in Bengaluru (Jun 2026). [4][5]

Nodal Ministry: Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry. [2][3]
Eligibility (DPIIT recognition): entity <10 years old, turnover < ₹100 cr, innovation/scalability focus.
Tax benefit: Section 80-IAC, Income-tax Act — 3 consecutive years tax holiday in first 10 years.
Recognised start-ups: ~2.3 lakh (Jun 2026) vs 2,12,283 as on 31 Jan 2026. [1][2]
Jobs: ~25 lakh direct (Jun 2026); 16.6 lakh (late 2024); 15.53 lakh (2024). [1][6]
Women-led: >1 lakh recognised start-ups with ≥1 woman director. [2]
Tier-2/3 share: >50% of new start-ups. [1]
RISE 2026: 6th edition, Bengaluru, 13–14 Jun 2026, 125+ start-ups, CSIR-organised. [4]

Economic

Employment multiplier: ~25 lakh direct jobs; India 3rd-largest ecosystem globally. [1][2]
Capital plumbing via FFS (₹10,000 cr), SISFS (₹945 cr), CGSS. [2]

Social / Regional Equity

50% of start-ups now from Tier-2/Tier-3 cities — geographic democratisation of innovation. [1]
~76,000 women-led start-ups, many in small towns. [5]

Scientific / Technological

Push for deep-tech (AI, biotech, space, quantum); RDI Fund announced to power deep-tech. [5]
Technology Parks being developed for deep-tech start-ups. [5]
DSIR relaxation for deep-tech start-up recognition (2026). [5]

Administrative / Governance

"Whole-of-Government for Whole-of-Society" innovation vision; convergence of DPIIT, DST, CSIR, BIRAC, MeitY. [4]
Aligned with Viksit Bharat 2047 roadmap. [1]

Jun 2026: 6th RISE Conclave, Bengaluru — 125+ deep-tech start-ups; 25 lakh jobs figure announced. [1][4]
Apr–May 2026: 5th RISE Conclave, Chennai — call for industry-driven start-up model. [5]
2025–26: Anusandhan National Research Foundation (ANRF) and RDI Fund operationalised for deep-tech. [5]
Jan 2026: 2,12,283 DPIIT-recognised entities; >1 lakh with woman director. [2]
Jan 2026: Decade of Startup India observed. [3]

Startup India launched on 16 January 2016; date is National Startup Day. [2]
Nodal department: DPIIT under Ministry of Commerce & Industry (not MSME). [2]
Fund of Funds for Startups corpus ₹10,000 cr, operated by SIDBI (not NABARD). [2]
Startup India Seed Fund Scheme corpus ₹945 crore (2021). [2]
Tax holiday under Section 80-IAC of Income-tax Act: 3 of first 10 years. [Static]
India = 3rd-largest start-up ecosystem globally. [2]
DPIIT-recognised start-ups: ~2.3 lakh as of Jun 2026 (vs ~350 in 2016). [1]
Direct jobs created: ~25 lakh (Jun 2026). [1]
>50% of start-ups from Tier-2/Tier-3 cities. [1]
RISE Conclave organised by CSIR under Ministry of Science & Technology. [4]
6th RISE Conclave 2026 held in Bengaluru (13–14 Jun 2026); 5th in Chennai. [4][5]
Recognition eligibility: entity age <10 years, turnover <₹100 cr. [Static]
Credit Guarantee Scheme for Startups (CGSS) notified in 2022. [2]

GS-III: Indian Economy — Growth, Development & Employment; Science & Technology — indigenisation, achievements of Indians; Inclusive growth.
GS-II: Government schemes for vulnerable sections (women entrepreneurship).
Possible stems:
"Examine the role of the Startup India initiative in transforming India into the world's third-largest start-up ecosystem. What gaps remain?"
"Deep-tech innovation is the next frontier for India's economic sovereignty. Discuss with reference to recent policy measures."
"Despite >50% start-ups from Tier-2/3 cities, regional and gender disparities persist in India's entrepreneurial ecosystem. Critically analyse."

Atal Innovation Mission (AIM) — sister innovation programme under NITI Aayog.
Anusandhan National Research Foundation (ANRF) 2023 — research funding architecture.
RDI (Research, Development & Innovation) Scheme — ₹1 lakh cr fund for deep-tech.
BIRAC & NIDHI programmes — DST/DBT incubation pipelines.
SIDBI & Fund of Funds — financial plumbing.
National Deep Tech Startup Policy (NDTSP) draft.
MUDRA / Stand-Up India — comparative entrepreneurship schemes.
Unicorn ecosystem & SEBI's reverse-flipping reforms — capital market dimension.

Startup India is under DPIIT (Commerce Ministry), NOT Ministry of MSME or Ministry of S&T.
Fund of Funds is operated by SIDBI — it does not invest directly in start-ups but in SEBI-registered AIFs.
National Startup Day = 16 Jan, not 15 Aug or any S&T day.
RISE Conclave is a CSIR event (S&T Ministry), distinct from Startup India's National Startup Day events under DPIIT.
Section 80-IAC (start-up tax holiday) ≠ Section 80-IAB (SEZ); aspirants confuse the two.
"2.3 lakh" refers to DPIIT-recognised start-ups, not the universe of all Indian start-ups.