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What is the primary goal of the Startup India Initiative?

ATo reduce unemployment by creating more jobs

BTo encourage businesses to expand internationally

CTo transform India from a job-seeking nation to a job-creating nation

DTo provide financial aid to all new businesses

Answer:

C. To transform India from a job-seeking nation to a job-creating nation

Read Explanation:

The primary goal of the Startup India Initiative is to transform India from a job-seeking nation into a job-creating nation.

It was launched to foster a strong ecosystem that nurtures innovation and empowers startups to grow. By providing a supportive environment, the initiative aims to:

  • Promote Entrepreneurship: Encourage young people and innovators to start their own businesses.

  • Generate Employment: Create new job opportunities, which is crucial for a country with a large working-age population.

  • Build a Culture of Innovation: Inspire a mindset of problem-solving and self-reliance through innovative solutions.

In essence, the initiative seeks to make India a hub for global innovation and entrepreneurship.


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