Pariksha SaathiDPIIT: 2,50,046 startups recognised; guarantee cover per borrower under the Credit Guarantee Scheme for Startups now Rs 20 crore (doubled from Rs 10 crore)
The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, said on 27 October 2026 that it has driven a sustained shift from a permission-based to a trust-based regulatory framework. DPIIT has recognised 2,50,046 startups, reporting over 25.42 lakh jobs across 770+ districts and 56 industries; 52% of these startups are from non-metro cities and 48% have at least one woman director. Under the Credit Guarantee Scheme for Startups, 532 loans worth Rs 1,662.71 crore have been guaranteed; the guarantee cover per borrower has been doubled from Rs 10 crore to Rs 20 crore, and the annual fee has been reduced to 1% for 27 Champion Sectors. A total of 63 regulatory reforms have been enabled, including the abolition of angel tax; 47,957 compliances have been reduced across Central Ministries and States/UTs; and the Jan Vishwas Acts have decriminalised 900 provisions of Central laws - 183 provisions across 42 Acts in 2023 and 717 provisions across 79 Acts in 2026. Twenty-nine Central labour laws have been consolidated into four Labour Codes. India received USD 843 billion in FDI during FY 2014-15 to FY 2025-26, with an all-time high inflow of USD 94.53 billion in FY 2025-26. The National Single Window System (NSWS), soft-launched in September 2021, now has 3,779 services live and is available in 22 Indian languages.
Drafted with AI assistance from the official PIB release linked above and checked against it by a second AI pass. Not line-edited by a human.
Learning context
Startup India was launched by Prime Minister Narendra Modi on 16 January 2016 to nurture innovation, promote entrepreneurship and enable investment-driven growth, with the vision of India being a nation of job creators instead of job seekers; in 2022 the Prime Minister declared 16 January as National Startup Day. On National Startup Day 2026, marking a decade of Startup India, the Prime Minister said India had emerged as the world's third-largest startup ecosystem, and Commerce and Industry Minister Piyush Goyal recalled that the Government had constituted a Fund of Funds worth ₹10,000 crore in 2016 and that, after the first tranche was used, a second tranche of ₹10,000 crore was sanctioned in the preceding Union Budget. On the same day DPIIT announced the results of the fifth edition of the National Startup Awards (NSA 5.0) and the States' Startup Ranking Exercise (SRF 5.0).
Check yourself: when was Startup India launched, and since when has 16 January been observed as National Startup Day?
On 16 January 2016; the Prime Minister declared 16 January National Startup Day in 2022.
Revision task: from this release, note the number of DPIIT-recognised startups, the credit-guarantee cover and fee, the Jan Vishwas decriminalisation figures, the labour-code consolidation, the FDI figures and the NSWS languages; from the note, when Startup India was launched, National Startup Day and the Fund of Funds for startups.
Test yourself
According to DPIIT's release of 27 October 2026, what is the guarantee cover per borrower under the Credit Guarantee Scheme for Startups after its enhancement?
Show the answer
Answer: Rs 20 crore
The guarantee cover per borrower under the Credit Guarantee Scheme for Startups has been doubled from Rs 10 crore to Rs 20 crore, and the annual fee has been reduced to 1% for 27 Champion Sectors. The scheme has guaranteed 532 loans worth Rs 1,662.71 crore to startups employing 41,637 people.
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