ToppersNotes

16 January, 2026
1 min read
Current Affairs
Key AspectDetails
EventNational Startup Day observed on 16 January 2026
SignificanceCommemorates 10 years of the Startup India Initiative (launched in 2016)
Startup EcosystemIndia has over 2 lakh startups (as of Dec 2025), among the world's largest ecosystems
Regional SpreadNearly 50% of startups originate from Tier II and Tier III cities
Women-Led StartupsOver 45% of recognized startups have at least one woman Director/Partner
UnicornsIndia has over 120 unicorns with a combined valuation exceeding $350 billion
Key Schemes
•Fund of Funds for Startups (FFS): ₹10,000 crore corpus, invested ₹25,500 crore in 1,370+ startups
•Startup India Seed Fund Scheme (SISFS): ₹945 crore for early-stage startups
•Credit Guarantee Scheme for Startups (CGSS): Guaranteed 330+ loans worth ₹800 crore
Digital Platforms
•Startup India Hub connects startups with investors, mentors, etc.
•MAARG Mentorship Portal provides nationwide mentorship
•Startup India Investor Connect Portal aids early-stage startups
Sectoral Initiatives
•Atal Innovation Mission: 10,000+ Atal Tinkering Labs across 733 districts
•GENESIS & MeitY Startup Hub: Support deep-tech startups
•NIDHI: Supported 12,000+ startups and generated 1.3 lakh jobs
Rural Entrepreneurship
•Startup Village Entrepreneurship Programme (SVEP): Supported 3.74 lakh rural enterprises (as of Jun 2025)
•ASPIRE: Focuses on rural enterprises and livelihood creation
Economic ImpactStartups drive India's economic transformation, innovation, and Viksit Bharat 2047 vision
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