Role of Government Schemes in Supporting Startups in India: A Quantitative Investigation
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Abstract
Although India's start-up ecosystem has expanded quickly in recent years, many businesses still struggle to secure capital, gain access to markets, and comply with regulations. The Indian government has introduced a number of programmes and initiatives aimed at assisting start-ups in order to overcome these issues. The Start-up India programme and other related programmes are highlighted in this paper's analysis of how government programmes aid start-ups in India. The report examines how these activities have affected the start-up ecosystem, including the quantity of new businesses founded, the number of jobs generated, and the amount of financing raised. The report also analyses the difficulties start-ups experience in obtaining government assistance and offers suggestions for enhancing the efficiency of these programmes. Overall, the report emphasises the critical role played by government initiatives in fostering innovation and entrepreneurship in India and makes recommendations for how to further increase their influence on the start-up ecosystem.