The Economic Times

Government working to utilise procurement process for promoting startups: DPIIT Secretary

The Indian government aims to use procurement processes to promote startups within the nation effectively. Over 2.5 lakh startups exist in the country, with many in smaller towns. National Startup Awards 6.0 will award winning startups a cash prize of Rs 25 lakh across various categories. The initiative seeks to enhance support through mentorship, investor connections, and market access.