27 July 2016 Current Affairs: The Government of Karnataka has set-up a dedicated start-up cell for speeding up the implementation of theinitiatives under its start-up policy and its IT minister Priyank Kharge.
This is the first time in India that a government has come up with a dedicated Start-up Cell guided by the Start-up Policy, which envisages the growth of 20,000 new start-ups, including 6,000 product start-ups, by 2020 in Karnataka.
A portal, www.startup.karnataka.gov.in, was launched to enable and educate start-ups on the State government’s policies and provide access to various benefits under the policy.
All technology-based start-ups thatfall under the criteria listed by the State government can register with the portal.
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