India Government — Startup Definition & Recognition Updated- by BUSINESS KHABRI digital web desk[ BK/HO/01 ]
India Government — Startup Definition & Recognition UpdatedAccording to the media reports,Here are the key updates on the “New Startup Policy” linked with ₹200 crore (interpreted in two main contexts — government policy changes and state-level startup funding initiatives): 1. India Government — Startup Definition & Recognition UpdatedThe Government of India (through DPIIT) has revised the official startup recognition criteria, and a major change involves the turnover limit being raised to ₹200 crore: Turnover Limit IncreasedEarlier, a startup could be officially recognised only if its annual turnover was ≤ ₹100 crore.Under the new policy, this limit has been doubled to ₹200 crore, meaning more and larger companies can now qualify as “startu