Union Commerce and Industry Minister Suresh Prabhu on Thursday said that the government is taking several steps, such as reducing regulatory burden and ensuring availability of adequate funds, for budding entrepreneurs to promote startup ecosystem in the country. <br />''<br />''<br />''Addressing function in New Delhi, Mr Prabhu said, as startups help create jobs and boost economy, the ministry is working on strengthening the ecosystem for them in every sector including agriculture and services. <br />''<br />''<br />''Mr Prabhu said, his Ministry is working on a policy to provide mentorship to startups and meeting regulators for reducing burden, and meeting global funds for providing funding support to startups.<br />''<br />''<br />''<span style="color: #222222;">The minister said the country's economy is expected to touch  5 trillion dollars in next seven years and 10 trillion by 2035. </span><br />