The Government of India has created “National Startup Advisory Council“. The council is being set up to advise the central government to create a strong ecosystem to nurture innovation and start-ups in India.
The Commerce Minister will be the chairman of the National Startup Advisory Council. The council will also constitute the non-official members to be nominated by the Government of India. The non-official members will include the founders of successful start-ups, veterans who have grown and expanded their companies in India and the individuals who are capable of representing interests of investors into start-ups. The tenure of the non-official members will be for a period of two years.
The nominees of the related ministries, departments and organisations, not below the rank of joint secretary will be ex-officio members of the National Startup Advisory Council.
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