The 'Startup India' initiative to foster entrepreneurship and promote innovation was launched by the Government of India in which year?

2016

The correct answer is Option (3) → 2016 **

The 'Startup India' initiative was launched by the Government of India in 2016.

The program was officially inaugurated by Prime Minister Narendra Modi on January 16, 2016, at Vigyan Bhawan, New Delhi. The initiative was designed to build a strong ecosystem for nurturing innovation and startups in the country to drive sustainable economic growth and generate large-scale employment opportunities.