<h1>Startup India Initiative Spurs Over 15 Lakh Jobs; Record 3.91 Lakh Jobs Added in 2023, Recognizing 1.4 Lakh Startups.</h1> The Government's Startup India initiative, launched on January 16, 2016, aims to foster innovation and investment in the country's startup ecosystem. As of June 30, 2024, the Department for Promotion of Industry and Internal Trade (DPIIT) has recognized 1,40,803 entities as startups. These startups have created over 15.53 lakh direct jobs since the initiative's inception. The yearly breakdown of job creation shows a significant increase over the years, with the highest number reported in 2023 at 3,91,943 jobs. This data was shared by the Union Minister of State for Commerce and Industry in a Lok Sabha session.