1.7 lakh jobs created by DPIIT recognised startups in 2020-21
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The Department for Promotion of Industry and Internal Trade (DPIIT) said on June 3 that the government has recognised up to 50,000 startups so far. “The recognised startups have contributed significantly to job creation, with 5,49,842 jobs reported by 48,093 startups with an average number of 11 employees per startup. About 1.7 lakh jobs were created by recognised startups in the 2020-2021 period alone,” DPIIT claimed.