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International Journal of
Management and Economics
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VOL. 4, ISSUE 2 (2022)
Impact of E-startups on Indian economy
Authors
Dr. Trapti Mittal
Abstract
As a result of large foreign e-platform firms circumventing the nation's retail competition laws, the Indian government has imposed stricter e-trade regulations. The Silicon Valley of India, Bangalore, is ranked 15th in the most recent Compass assessment on the global startup ecosystem. Through a number of initiatives, including the Make in India campaign, Startup India initiative, skill India, and Stand up India, the Indian government supports businesses with their creative ideas and economic growth. Up to 2018, 129 firms in total received capital help via the startup site. India's remarkable increase can be attributed to a number of factors, including its youthful population and vast population (17.7% of the world's population), as well as recent government moves to open its e-commerce sector to foreign investment. To stimulate the Indian economy, the government has started programs to promote entrepreneurship throughout the nation.
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Pages:88-92
How to cite this article:
Dr. Trapti Mittal "Impact of E-startups on Indian economy". International Journal of Management and Economics, Vol 4, Issue 2, 2022, Pages 88-92
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