Shri Piyush Goyal chairs the first meeting of National Startup Advisory Council



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Shri Piyush Goyal has chaired the inaugural meeting of the National Startup Advisory Council (NSAC), established to advise the government on fostering a robust startup ecosystem. The council, comprising government officials, successful entrepreneurs, investors, and industry experts, aims to drive sustainable economic growth and create employment. Shri Goyal highlighted India's potential as a global innovation hub and stressed the importance of nurturing entrepreneurship from a young age, encouraging experienced entrepreneurs to mentor aspiring ones.

Startups are the New Champions of Aatmanirbhar Bharat: Shri Goyal; Calls upon the successful entrepreneurs to take initiative to share their knowledge, experience and ideas, and mentor others Minister of Railways, Commerce Industry, Consumer Affairs and Food Public Distribution Shri Piyush G
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FAQ :

The NSAC is a council constituted by the Department for Promotion of Industry and Internal Trade (DPIIT) to advise the Government on measures needed to build a strong ecosystem for nurturing innovation and startups in India.

The council includes ex-officio members and non-official members representing founders of successful startups, company veterans, investors, incubators, accelerators, and industry associations.

The main goal is to drive sustainable economic growth and generate large-scale employment opportunities by nurturing innovation and startups in the country.

Shri Goyal described startups as the 'New Champions of Aatmanirbhar Bharat' and stated that India has the potential to become the world's largest and most innovative startup ecosystem.

The government aims to be a supportive partner and an 'Enabler rather than Regulator' for the progress of the Indian startup ecosystem.

Shri Goyal stressed the need to sow the seeds of entrepreneurship at the school level and called upon successful entrepreneurs to mentor students and youth.




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