Start-up India Current Affairs - 2020

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Start Up India-first time in Republic Parade; Indian Navy

The Department of Promotion of Industry and Internal Trade (DPIIT) operating under Ministry of Commerce and Industry is to showcase tableau on Start Up India at the Republic Day Parade to be held at Rajpath, New Delhi. The tableau is to be held under the theme

Theme: Reach for the sky

This is the first time Start Up India is participating at the Parade.

Highlights

The following are to be represented at the parade

  • The Tableau will showcase the stages of life cycle of a start-up
  • The front of the tableau depicts creative mind, middle represents kinds of support that are being provided to start ups by the GoI and wheel will depict sectors of Indian Economy that have driven growth employment generation.
  • The Map of India is to represent the spread of start-up India scheme

According to DPIIT, around 26,000 startups have been recognized. It has reached 551 districts in 28 states. Today, the startup initiative attracts global investments and has created more than 2,91,000 jobs.

Indian Navy

The Indian Navy is to showcase its tableau at the Republic Day parade under the theme

Theme: Indian Navy-Silent, Strong and Swift

It is with the same theme the Indian Navy week was celebrated. It will showcase the fire power of Navy in all three dimensions namely sub-surface, surface and air. The Kalvari class submarine, Harpoon missiles, MiG 29K fighter jets are to be part of the Tableau.

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Yuva Sahakar­- Cooperative Enterprise Support and Innovation Scheme 2019 launched

‘Yuva Sahakar’-­ Cooperative Enterprise Support and Innovation Scheme 2019 was launched at the opening ceremony of first ever ‘India International Cooperatives Trade Fair’ in New Delhi on 11 October 2019 by Union Minister for Agriculture and Farmers’ Welfare Narendra Singh Tomar.

With organisations from 35 countries and more than 150 Indian cooperatives participating in the Fair, the trade fair is a major platform to promote export of products of cooperatives which will lead to enhanced rural and farm prosperity. Since cooperation is the key to development of vilages, thus this mela will prove to be a milestone in the growth of rural India and will discuss the challenges being faced by Cooperatives, like delivery and available markets.

About Yuva Sahakar ­Cooperative Enterprise Support and Innovation Scheme 2019

The scheme has been formulated by National Cooperative Development Corporation (NCDC) in line with Government’s focus on programmes such as Start-up India and Stand-up India which is aimed at young entrepreneurs with new and innovative ideas.

The Scheme has an annual outlay of 100 crores and is aimed at cooperatives in North Eastern Region, cooperatives registered and operating in Aspirational Districts as identified by NITI Aayog, cooperatives with 100% SC/ST/ women/Persons with Disability members.

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