ED Unit 4
Government support to new enterprise
The Government of India has undertaken several initiatives and instituted policy measures to foster a
culture of innovation and entrepreneurship in the country.
A few of India’s efforts at promoting entrepreneurship and innovation are:
Startup India: Through the Startup India initiative, Government of India promotes entrepreneurship by
mentoring, nurturing and facilitating startups throughout their life cycle. Since its launch in January 2016, the
initiative has successfully gi