Government Schemes and Policy · 27 October 2026

DPIIT's Trust-Based Governance Push: 2.5 Lakh Startups, 25.42 Lakh Jobs and 47,957 Compliances Reduced

Exam-focused facts from the 27 October 2026 current affairs briefing.

Key facts

  • The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has recognised 2,50,046 startups which have reported generating over 25.42 lakh jobs across 770+ districts and 56 industries.
  • Of the recognised startups, 52% are from non-metro cities and 48% have at least one woman director.
  • Annual startup recognitions rose from 34,200 in FY 2023-24 to 36,440 in FY 2024-25; the Startup India Seed Fund Scheme has approved ₹775.67 crore for 4,194 startups through 244 incubators, and SIDBI has committed ₹12,623 crore under the Fund of Funds for Startups to 166 AIFs, which have invested ₹28,254 crore in 1,475 startups.
  • The Credit Guarantee Scheme for Startups has guaranteed 532 loans worth ₹1,662.71 crore.
  • The government has reduced 47,957 compliance requirements across Central Ministries and States/UTs, comprising 22,290 digitised, 16,141 simplified, 5,255 decriminalised and 4,271 eliminated.
  • The Jan Vishwas Acts have decriminalised 900 provisions of Central laws, including 183 provisions across 42 Acts in 2023 and 717 provisions across 79 Acts in 2026.
  • India received USD 843 billion in foreign direct investment between FY 2014-15 and FY 2025-26, 169% higher than the USD 313 billion received in the preceding twelve years, with annual inflows reaching a record USD 94.53 billion in FY 2025-26.
  • The National Single Window System has received 15,49,850 applications, registered 5,76,778 businesses and delivered over 8.5 lakh approvals, offering 3,779 services (327 Central and 3,452 State) across 34 States/UTs and 32 Central Ministries/Departments in 22 Indian languages.