Budget 2023: Employment Will Increase, Announcements Made Regarding Start Up


Many announcements related to Startup employment (Budget Startup 2023) have been made in the budget. The Finance Minister said that the objective of Budget 2023 from an economic perspective is to focus on meeting youth aspirations, job creation and macroeconomic stability.

New Delhi: Today is the second day of the Parliament budget session 2023. Union Finance Minister Nirmala Sitharaman has made several announcements in the field of education. He said that the objective of the budget from an economic perspective is to focus on fulfilling youth aspirations, job creation and macroeconomic stability. The Union Finance Minister said that he has seven priorities. Saptarishi – is our guide through Amrit Kaal. These include inclusive growth, green growth, youth power and financial power.

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Let us tell you that there has been a significant increase in the number of start-ups in India in the last 6 years. Most of these start-ups are related to the service sector. By January 10, 2022, the government has recognized more than 61,400 start-ups in India. Apart from this, it has been told in the review that in 2021, a record 44 start-ups reached the unicorn status in India. The Economic Survey also mentions that intellectual property, especially patents, is the key to a knowledge-based economy. The number of patents filed in India has increased from 39,400 in 2010-11 to 58,502 in 2020-21 and patents granted in India have increased from 7,509 to 28,391 during the same period.

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