16th India Digital Summit: Startups can help rural economy go digital, says Piyush Goyal

16th India Digital Summit: Startups can help rural economy go digital, says Piyush Goyal

AgenciesUpdated: Thursday, January 13, 2022, 09:14 AM IST
article-image
Commerce and Industry Minister Piyush Goyal said that in these six years, we have already produced 82 Unicorns, the third largest in the world, while over 60,000 startups are registered with the DPIIT. / Representative image |

Union Minister of Commerce and Industry, Piyush Goyal, on Wednesday called upon startups to help micro-entrepreneurs in rural areas leverage technology to grow their businesses and encourage farmers, weavers and artisans to use digital platforms to sell their products.

"Startups will help India's transition from an assembly economy, particularly in the digital world, to a knowledge-based economy," Goyal said while virtually addressing the 16th India Digital Summit 2022 here on Wednesday.

"It has been six years since the Startup India Mission was launched. In these six years, we have already produced 82 Unicorns, the third largest in the world, while over 60,000 startups are registered with the DPIIT," he added.

"With the growing recognition of our skilled people across the world, investors are queuing up from around the globe to come and participate in the revolution that we are witnessing in the startup ecosystem. From 2018-21, more than six lakh Jobs were created by our startups. In the last year alone, more than two lakh jobs were created," Goyal said.

The minister on the occasion unveiled 'LEAP' -- Leverage, Encourage, Access and Promote -- as the way forward for startups

"There is always room for improvement and with 'Sabka Prayas', we can strengthen our startup ecosystem further," he said.

(With inputs from IANS)

RECENT STORIES

Game-Changing Alliance: Ambani's Reliance Ventures Into Adani's Power For The First Time; Acquires...

Game-Changing Alliance: Ambani's Reliance Ventures Into Adani's Power For The First Time; Acquires...

SRM Contractors IPO Subscribed 86.57 Times On Last Day Of Bidding

SRM Contractors IPO Subscribed 86.57 Times On Last Day Of Bidding

Tax-Saving Tip From Zerodha CEO Nithin Kamath: 'If You're Married And Hindu..."; Here's How To Save...

Tax-Saving Tip From Zerodha CEO Nithin Kamath: 'If You're Married And Hindu...

Holy Cities Like Ayodhya, Varanasi Attracting Big Retail Brands: Report

Holy Cities Like Ayodhya, Varanasi Attracting Big Retail Brands: Report

A Big Relief For Byju's: NCLT Rejects Investor Plea To Stay Byju's Rights Issue EGM On March 29 Amid...

A Big Relief For Byju's: NCLT Rejects Investor Plea To Stay Byju's Rights Issue EGM On March 29 Amid...