Citing NASSCOM, govt says 3.9-4.3 lakh direct lakh jobs created in startups founded in 2009-19

New Delhi: The government on Wednesday informed Parliament that 3,90,000 – 4,30,000 direct jobs were created in all funded and 500 unfunded startups founded between 2009-19

Citing a NASSCOM report, commerce and industry minister Piyush Goyal told Lok Sabha that investments in start-ups were steady with $4.4 billion in January to September 2019 across 450 start-ups at a 5% year-on-year growth.

“The report of NASSCOM is not available with DPIIT,” Goyal said, adding that a report titled “Indian Tech Start-up Ecosystem” is available on their website as per which, Indian start-up ecosystem continues to be the third largest in the world.


Ecomm policy
In a separate reply, Goyal said a National e-Commerce policy is under preparation. The first draft of the policy was placed in public domain on February 23 for seeking comments/inputs of stakeholders.

“On the basis of the inputs/comments received, the draft National e-Commerce policy is being prepared with an aim to create a facilitative regulatory environment for growth of e-commerce sector in India,” he said.

The minister explained that there is no distinction between the taxation regimes of Indian and foreign e-commerce companies as such, however the taxation regimes applicable to domestic companies and foreign companies differ.

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