The Government of India launched the _____ Initiative on 16 January 2016, with the objective of supporting entrepreneurs, building a robust start-up ecosystem and transforming India into a country of job creators instead of job seekers.
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) - Start-up India
The "Start-up India" Initiative was launched by the Government of India on 16 January 2016 to foster entrepreneurship and innovation in the country. The initiative aims to create a conducive environment for start-ups to thrive by providing various incentives, such as tax benefits, funding opportunities, and regulatory support. Additionally, it seeks to simplify the process of starting and operating a business, thereby encouraging more individuals to pursue entrepreneurial ventures. The ultimate goal of the Start-up India Initiative is to build a strong start-up ecosystem that drives economic growth, generates employment, and promotes innovation across various sectors in India.