Piyush Goyal Launches BHASKAR Digital Platform to Boost Indian Startups
New Delhi [India], September 16: The Union Minister of Commerce and Industry, Piyush Goyal, unveiled the Bharat Startup Knowledge Access Registry (BHASKAR) digital platform. This platform aims to connect and collaborate with all stakeholders in the startup ecosystem, including startups, investors, mentors, service providers, and government bodies.
BHASKAR is part of the Startup India program and is designed to centralize, streamline, and enhance collaboration among key players in the entrepreneurial ecosystem. It offers a one-stop digital platform to address issues faced by investors and entrepreneurs, providing seamless access to resources, tools, and knowledge from ideation to execution.
The platform will issue unique BHASKAR IDs to ensure personalized interactions and will help locate relevant resources, collaborators, and opportunities. This will enable faster decision-making and more efficient scaling for startups.
According to the Ministry of Commerce & Industry, the launch of BHASKAR is a significant step in promoting innovation, entrepreneurship, and job creation. It will serve as a central hub for collaboration, idea exchange, and growth acceleration, helping India emerge as a global leader in entrepreneurship.
The ministry expressed hope that BHASKAR will create a more resilient, inclusive, and innovation-driven economy, laying the foundation for a prosperous future. Official figures indicate that there are over 1,46,000 DPIIT-recognized startups in India, making it one of the world’s most dynamic startup hubs.
Doubts Revealed
Piyush Goyal -: Piyush Goyal is an Indian politician who is currently serving as a Union Minister. He works for the government to help improve different sectors in India.
BHASKAR -: BHASKAR is the name of a new digital platform. It is designed to help Indian startups by providing them with resources and tools.
Startups -: Startups are new companies that are just beginning to develop. They often have innovative ideas and need support to grow.
Investors -: Investors are people or organizations that provide money to startups in exchange for a share of the company. They help startups grow by giving them the funds they need.
Mentors -: Mentors are experienced people who guide and advise startups. They help new companies by sharing their knowledge and experience.
Service Providers -: Service providers are companies or individuals that offer services like marketing, legal advice, or technology support to startups.
Government Bodies -: Government bodies are parts of the government that make and enforce rules. They can help startups by providing support and resources.
Startup India program -: The Startup India program is an initiative by the Indian government to support new businesses. It provides resources, funding, and guidance to help startups succeed.
BHASKAR IDs -: BHASKAR IDs are unique identification numbers given to users of the BHASKAR platform. They help personalize interactions and make it easier for startups to get the help they need.
Entrepreneurship -: Entrepreneurship is the process of starting and running a new business. Entrepreneurs are people who create and manage these new businesses.
