PRABHAAV Factbook
Kartavya Desk Staff
Context: Union Minister of Commerce & Industry, marked the 9th Foundation Day of Startup India by launching the PRABHAAV Factbook and the Bharat Startup Challenge.
About PRABHAAV Factbook:
• What it is: The PRABHAAV Factbook is a comprehensive guide detailing the growth and achievements of India’s startup ecosystem from 2016 to 2024.
• Ministry: Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce & Industry.
• Aim: To highlight the transformational journey of Indian startups and provide key insights into their contributions to economic growth and innovation.
• Features:
• Regional Insights: Captures startup achievements across all regions of India. Data-Driven Analysis: Provides an in-depth understanding of the funding, growth, and sectoral impact of startups. Sectoral Highlights: Focuses on emerging areas like fintech, health tech, artificial intelligence, and renewable energy. Government Support: Showcases the impact of policy initiatives like the Fund of Funds for Startups (FFS) and Women Entrepreneurship Platform. Success Stories: Highlights contributions of Tier II and Tier III city startups, fostering inclusivity.
• Regional Insights: Captures startup achievements across all regions of India.
• Data-Driven Analysis: Provides an in-depth understanding of the funding, growth, and sectoral impact of startups.
• Sectoral Highlights: Focuses on emerging areas like fintech, health tech, artificial intelligence, and renewable energy.
• Government Support: Showcases the impact of policy initiatives like the Fund of Funds for Startups (FFS) and Women Entrepreneurship Platform.
• Success Stories: Highlights contributions of Tier II and Tier III city startups, fostering inclusivity.
Relevance in UPSC Exam Syllabus
• GS Paper 3 (Economic Development): Topics: Indian Economy, Startup Ecosystem, Innovation and Technology. Key Subtopics: Government schemes like Startup India, Fund of Funds, and their impact on entrepreneurship.
• Topics: Indian Economy, Startup Ecosystem, Innovation and Technology.
• Key Subtopics: Government schemes like Startup India, Fund of Funds, and their impact on entrepreneurship.
• GS Paper 2 (Governance and Policy): Topics: Policy initiatives and their effectiveness in promoting inclusive growth.
• Topics: Policy initiatives and their effectiveness in promoting inclusive growth.
• Essay Writing: Themes like innovation, entrepreneurship, and self-reliant India (Aatmanirbhar Bharat).
• Themes like innovation, entrepreneurship, and self-reliant India (Aatmanirbhar Bharat).
• Ethics and Case Studies: Role of startups as change agents in solving societal challenges like sustainability and healthcare.
• Role of startups as change agents in solving societal challenges like sustainability and healthcare.