Monitoring Committee reviews progress of Startup India programme

Speed Post News Network

New Delhi : A formal mechanism has been put in place in form of Monitoring Committee to review progress of Startup India programme on regular basis.

The Monitoring Committee comprises representative from Department for Promotion of Industry and Internal Trade (DPIIT), NITI Aayog, Department of Revenue (Ministry of Finance), Ministry of Micro, Small and Medium Enterprises, Department of Science and Technology (Ministry of Science and Technology), Department of Bio-Technology (Ministry of Science and Technology), Ministry of Electronics and Information Technology, Department of Higher Education (Ministry of Human Resources Development), and Small Industries Development Board of India (SIDBI). The Monitoring Committee continuously reviews progress and implementation of various measures for growth of startup ecosystem, according to a PIB release.

In order to meet the objectives of the Startup India initiative commenced on January 16, 2016, the Government of India announced Action Plan containing 19 Action Points. This information was given by Commerce and Industry Minister Piyush Goyal in a written reply to a question in the Lok Sabha on July 3, 2019.