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  • DAILY CURRENT AFFAIRS:Startups created 7.68 lakh jobs in India in last 6 years, with Maharashtra taking the lead

Startups created 7.68 lakh jobs in India in last 6 years, with Maharashtra taking the lead

Tags: National Economy/Finance

According to the Government of India, Startups created 7, 67,754 jobs in India in the last six years (upto 30 June 2022), while 72,993 such businesses were registered during the period. 

This information was provided to the Lok Sabha by the Union Minister of state for Commerce, Som Prakash on 20 July 2022. 

The Start-up India programme was launched by the Government of India on 16 January 2016. 

Maximum job creation in states by startups from 16 January 2016 to 30 June 2022 period.

  • Maharashtra was at the top with a creation of 1.46 lakh jobs, followed by ;
  • Karnataka with a creation of 1.03 lakh jobs 
  • Delhi with a creation of 87,643 jobs and 
  • Uttar Pradesh with 67,694 jobs.

Maximum startups registered in states from 16 January 2016 to 30 June 2022 period.

  • Maharashtra was at the top where  13,519 startups were registered followed by ;
  • Karnataka  8,881  startups were registered
  • Delhi at 8,636, startups were registered
  • Uttar Pradesh at 6,654, startups were registered

Unicorns 

  • Unicorns are those startups, which are valued at over a billion dollars or more.
  • India created 44 unicorns in 2021. 
  • India was at the third spot for creation of maximum new unicorns in 2021.
  • The maximum number of new unicorns created  in 2021 was in the United States with 487  followed by China with 301 new unicorns . 

Kindly also see 9 July 2022 post on startups 

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