Union Minister for Labour and Employment Bhupender Yadav has said that India's vibrant start-up ecosystem is a testimony to the country's entrepreneurial talent. Addressing a ceremony in Mumbai to present the EY Entrepreneur of the Year Award, Mr. Yadav said, India is home to 94 Unicorns with a total valuation of approximately 320 billion US dollars.<br />''<br />''Lauding the young entrepreneurs for demonstrating strong resilience and an ability to adapt change even during the COVID-19 pandemic, Mr. Yadav said, the country's youth have ensured that India stands among the top three countries that support start-ups.<br />''<br />''Presenting the EY Entrepreneur of the Year Award-2021 to the founder of Nykaa Falguni Nayar, the Minister said, it is great to see that the 21 finalists for the said award have a combined revenue of 1.87 lakh crore rupees and employ close to 2.6 lakh people.<br />''<br />''Mr. Yadav further said that the recently announced RAMP or the Raising and Accelerating MSME Performance Programme will help scale up businesses with the thrust area being increasing the participation of female entrepreneurs. He added that the government will continue to focus on digital inclusion and keep on investing in technologies such as Artificial Intelligence to strengthen entrepreneurship across the country.<br />''<br />''With the Centre's proactive support with a Start-up India, Atal Innovation Mission, eBiz Portal, NewGen Innovation and Entrepreneurship Development Centre; the country currently has more than sixty thousand recognised start-ups representing 55 industries, spread across 633 districts that have created over six lakh jobs since 2016.<br />''<br />''<br />