Ease My PrepEase My Prep
All Articles
EconomyPIB14 June 2026

India's Start-up Ecosystem Generates Nearly 25 Lakh Jobs; Start-ups Surge from ~350 to 2.3 Lakh

Practice PYQs on this topic

500+ questions on Economy with explanations

Open App

๐Ÿ“Œ Summary:

  • Addressing the RISE Conclave 2026 in Bengaluru, Dr Jitendra Singh said India's start-up movement has created nearly 24โ€“25 lakh jobs over the last decade
  • Start-ups grew from ~350โ€“400 (a decade ago) to nearly 2.3 lakh, making India the world's third-largest start-up ecosystem
  • More than 50% of Indian start-ups now emerge from Tier-2 and Tier-3 cities
  • The 2015 "Startup India" call laid the foundation; subsequent reforms opened strategic sectors to private participation
  • RISE 2026 brought together over 125 start-ups and the four pillars โ€” Research, Industry, Start-ups and Entrepreneurship โ€” under the theme "Innovation & Entrepreneurship Driven Growth for Viksit Bharat 2047"

๐ŸŽฏ UPSC Relevance: GS3 Economy โ€” innovation-led growth, employment generation, demographic dividend, and deep-tech entrepreneurship as drivers of a self-reliant economy.

๐Ÿ“ Prelims Facts:

  • "Startup India" launched in 2015
  • India is the world's third-largest start-up ecosystem (~2.3 lakh start-ups)
  • 50% of start-ups emerge from Tier-2 and Tier-3 cities; RISE Conclave 2026 held in Bengaluru

๐Ÿ”‘ Key Term: Demographic dividend โ€” economic growth potential from a rising share of working-age population, realised when matched with jobs and skills.

Startup Indiaemploymentdeep-techRISE 2026

UPSC Classification

PrelimsMains

See PYQs related to โ€œEconomyโ€

Every classification tag above links to actual UPSC questions asked on that topic โ€” with answer, explanation and elimination logic. Only in the app.

Download App