Prime Minister Narendra Modi launched the Start up India Initiative on 16th January 2016 with the objective of supporting entrepreneurs in building a robust startup ecosystem and transforming India into a country of job creators instead of job seekers.<br />”<br />”As Prime Minister Narendra Modi said that start-ups, technology and innovation are exciting and effective instruments for India's transformation, this initiative has created a strong ecosystem for nurturing innovation and sustainable economic growth in the Country.<br />”<br />”Akashvani correspondent reports, India ranks third largest in the world with 70 thousand startups. It has three lakh 50 thousand individual innovators, 8200 start-ups which were benefited by various schemes and 229 exclusive programs.<br />”<br />”More than 95 crore worth benefits have been disbursed till now.<br />”<br />”The Government has a one-click application process program management system. It has the world's largest incubator network which provides instant access to over three lakh 80 thousand startups, stakeholders and policymakers.<br />”<br />”The Programs are managed by a dedicated Start-up India team, which reports to the Department of Industrial &nbsp;Policy and Promotion. Ranging from digital technology to agriculture, manufacturing, social sector, health care and education. &nbsp;<br />”<br />”In the past nine years, the country has 99 thousand 380 startups which are recognised by the DPIIT and more than 6 lakh users on the start-up portal.<br />”<br />”In Tamilnadu, 6253 startups have DPIIT recognition and 3041 start-ups led by women. The Government encourages start-up initiatives by giving away prestigious awards every year.<br />”<br />”The Startup challenges are organised in Ayush, animal husbandry, and also initiatives in health, technology, software, education and research areas.<br />”<br />”The start up of yoga challenge by the Ministry of Ayush in partnership with start-up India and Invest India is envisaged to invite startups and individuals who have developed products related to yoga to track the treatment delivery and outcome.<br />”<br />”In the fisheries start-up grand challenge, 12 winners get a cash grant of Rs. 2 lakh each funded by the department of Fisheries to the tune of more than 3 crores.<br />”<br />”<span style="color: #222222;">The initiative is successful because it also has an easy exit program to help those who are struggling to achieve.</span><br />