Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Shri Piyush Goyal chaired the virtual meeting of “National Startup Advisory Council on August 16.
About National Startup Advisory Council
- Department for Promotion of Industry and Internal Trade (DPIIT) had constituted the ‘National Startup Advisory Council’ vide Notification No.5(24)/2019-Startup India dated 21st January 2020.
- The council was set up to advise the Government on measures needed to build a strong ecosystem for nurturing innovation and startups in the country to drive sustainable economic growth and generate large scale employment opportunities.
- The Central Government also nominates non-official members. The term of the Non-official members of the Startup Advisory Council is for a period of two years or until further orders, whichever is earlier.