Page 25 - NIS English 16-31,March 2023

Middle Class Cover Story

Fostering

Entrepreneurship

and Innovation

Prime Minister Narendra Modi
promotes ways to boost technology,
entrepreneurship, and innovation to
make India a developed nation. In this
direction, the Startup India program,
Pradhan Mantri Mudra Yojana, Atal
Innovation Mission, and many other
programmes are being run. Because
of this, not only is self-employment
increasing, but the desire to create new
jobs and take up challenges has also
increased among the youth.

The number of startups in the year More than 38.58 crore loans have been
2016 was 445, in December 2022 given till January 2022 under Pradhan
the number of recognized startups Mantri Mudra Yojana. This includes
reached 86,713. 68% of women entrepreneurs.
More than 46% of recognized startups Creation of 1.12 crore additional jobs
THEN 2014 NOW 2022-23 have at least one woman director. in just 3 years through Pradhan Mantri Number of IIMs increases

In the year 2014 there were only 4 Mudra Yojana.
unicorns, in the year 2022 the number 10,000 Atal Tinkering Labs
of unicorns increased to more than established by 2022 under Atal 13 20
108. Innovation Mission, 1.34 crore people
trained under Pradhan Mantri Kaushal 2014 2022
India's top 100 unicorns are worth Vikas Yojana.
over $333 billion.

Number of startups Number of unicorns Number of IITs increases

445 86,713 04 108 16 23

2016 2022 2014 2022 2014 2022

New India Samachar March 16-31, 2023 23