Budget 2024: Rs 2.44 lakh crore allocation to create 72 lakh new entrepreneurs in UP
According to the MSME Department, about 22 lakh new entrepreneurs will be created only through this scheme.
According to the MSME Department, about 22 lakh new entrepreneurs will be created only through this scheme.
In the vibrant landscape of India's entrepreneurial sphere, a formidable force of sharp-witted women has emerged, steering innovation, driving change, and achieving remarkable outcomes. This select group of individuals stands out not only for their business acumen but also for their determination to break barriers in traditionally male-dominated industries.
Subramanian ranked fourth after Kiran Mazumdar-Shaw, chairperson of biotechnology company Biocon, with a net worth of over Rs2,500 crore ($381 million). Vembu Radha, director at software products maker Zoho, and Sheela Gautam, chairperson emeritus of mattress-maker Sheela Foam are all behind Subramanian. The Hurun India rich list ranks Indians with wealth in excess of Rs1,000 crore ($152 million).
The deputy chief minister of the state said the government aims to create young entrepreneurs on the lines of Shark Tank India show (for Startups entrepreneurs).
The team is touring the country to make Uttar Pradesh a growth-engine of New India and attract investments of Rs 17 lakh crore to the state through the Global Investors Summit 2023 (GIS 2023) to be held in Lucknow next month.
Sitharaman underlined that India's higher education has contributed to the best of company executives globally and around 25 per cent of all start-ups in Silicon Valley are managed by "people of Indian origin".
Registration Process is totally free. No Costs or Fees are to be paid in this regard, MSME Ministry said.
"It can all start on a clean sheet of paper that looks at ways of doing things that were never thought of before," he said.
42 Indian entrepreneurs representing 20 Indian start-ups participated in the event and pitched before Chinese investors.
Here are five ways through which one can ensure startups become a big success.