Categories: Schemes

GoI forms experts committee for Startup India Seed Fund Scheme

The government has constituted an experts advisory committee for the overall execution and monitoring of the Startup India Seed Fund Scheme. The committee would be chaired by H K Mittal from the Department of Science and Technology. The other representatives of the committee would include members from DPIIT, the department of biotechnology, science and technology, electronics and IT, Niti Aayog, and expert members from the startup ecosystem.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

The committee will evaluate and select incubators for allotment of funds under the scheme, monitor progress and take all necessary measures for efficient utilisation of funds towards the fulfilment of objectives of the scheme.

Startup India Seed Fund Scheme (SISFS)

  • The scheme has been approved for the period of the next four years starting from 2021-22, beginning from April 1, 2021.
  • The government has earmarked Rs 945 crore corpus for the scheme, which will be divided over the next four years for providing seed funding to eligible startups through eligible incubators across India.

Find More News Related to Schemes & Committees

Sumit Arora

Recent Posts

Indian Oil Welcomes Arvindar Singh Sahney as New Chairman

Arvindar Singh Sahney has been appointed as the new chairman of Indian Oil Corporation (IOC),…

17 hours ago

List of Chief Justice of India from 1950-2024

Chief Justice of India The Chief Justice of India (CJI) is the highest-ranking judge and…

17 hours ago

MHA Greenlights CISF’s First All-Women Unit

The Ministry of Home Affairs (MHA) has approved the creation of the Central Industrial Security…

18 hours ago

Aravindh Chithambaram Clinches Masters Title at Chennai Grandmasters 2024

GM Aravindh Chithambaram made a remarkable late surge in the final rounds, winning the last…

18 hours ago

PM Modi’s Three-Nation Visit: G20 Summit in Brazil, Nigeria, and Guyana (Nov 16-21)

Prime Minister Narendra Modi is set to undertake a crucial three-nation tour from November 16-21,…

18 hours ago

New Bike Taxi Service by Delhi Metro Includes Women-Driven Rides

Delhi Metro has introduced a new bike taxi service, available for booking through the official…

18 hours ago