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Startup in India: Two schemes of the government have a major contribution in the increasing number of startups in the country. One of them is Startup India and the other is PLI. Along with creating startups, these schemes also created a large number of jobs.
New Delhi. Modi government had started the Startup Scheme to promote small and innovative enterprises. Its effect is now clearly visible. The Commerce Ministry said on Wednesday that so far more than 2 lakh firms have been recognized as startups. Startups will directly benefit from this, because after coming under this purview, these firms will also be given the benefit of income tax exemption.
According to the Commerce Ministry, recognized firms registering under Startup India are also given the benefit of income tax exemption. Such firms become eligible for income tax exemption on many items under startup rules. The ministry said that till December 10, the Department for Promotion of Industry and Internal Trade (DPIIT) has recognized a total of 2,01,335 startups. These startups have also created more than 21 lakh jobs across the country.
PLI turned the tables
According to the information given by the ministry, schemes like Production Linked Incentive launched by the government have also helped production and business a lot. The ministry said that under this scheme, more than Rs 1.88 lakh crore investment has come in 14 sectors by June 2025. This means that schemes like PLI play the biggest role in getting investment to startups.
Exports skyrocket due to PLI
Although the government has started many schemes to promote business, the biggest impact has come from schemes like PLI. So far, more than Rs 7.5 lakh crore has been exported under PLI. Sectors like electronics, pharma, telecom, networking and food processing have contributed the most in this. Companies in these sectors have also benefited from this scheme, which has helped in increasing production and creating jobs.
Bigger orders than government platform
The ministry said that with the progress of the open network, the government e-commerce platform ONDC has fulfilled more than 32.6 crore orders by October 2025. On ease of doing business, the ministry said that more than 47,000 compliance rules have been removed by November 2025. Obviously this helped a lot in promoting new companies and innovation. Not only this, to take these efforts forward, the Public Trust (Amendment of Provisions) Bill 2025 was introduced in the Lok Sabha on 18 August 2025.
