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Financial Express Delhi
|January 25, 2026
THE GOVERNMENT HAS played a central, if uneven, role in shaping India’s startup ecosystem over the past decade.
In his speech on the occasion of India’s 69th Independence Day in 2015, PM Narendra Modi stressed the importance of encouraging the culture of entrepreneurship, and said, “Startup India and Stand up India should be our mantra.”The cornerstone of this effort is Startup India, a flagship programme launched on January 16, 2016. Implemented and overseen by the Department for Promotion of Industry and Internal Trade (DPIIT), the initiative was designed to move India from being a nation of job seekers to one of job creators.
Since its inception, the scale of government involvement has grown sharply. The number of DPIIT-recognised startups has increased from around 500 in 2016 to 1,97,692 entities as of October 31, 2025.
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