Question: Which cabinet minister will chair the National Startup Advisory Council, which had been recently notified by the central government?
(a) Amit Shah
(b) Piyush Goyal
(c) Suresh Prabhu
(d) Ravishankar Prasad
Answer: (b)
Related facts:
- The Central Government has notified the structure of the National Startup Advisory Council on January 21, 2020.
- It will advise the Government on measures needed to build a strong ecosystem for nurturing innovation and startups in the country.
- The National Startup Advisory Council will be chaired by Minister for Commerce & Industry Piyush Goyal.
Functions of the Council
- The Council will suggest measures to foster a culture of innovation amongst citizens and students, in all sectors of the economy across the country.
- The Council will consist of the non-official members, to be nominated by Central Government, from various categories like founders of successful startups, veterans who have grown and scaled companies in India, persons capable of representing interests of investors into startups.
- It will also suggest measures to facilitate public organizations to assimilate innovation with a view to improving public service delivery, promote creation, protection and commercialization of intellectual property rights, keep control of startups with original promoters and provide access to global markets for Indian startups.