‘Prarambh’ Start-up India International Summit being held in New Delhi

‘Prarambh’ Start-up India International Summit being held in New Delhi

Question: On 15thJanuary 2021, PiyushGoyal ,union minister for railways, consumer affairs, commerce and industry has inaugurated ‘Prarambh’ Start-up India International Summitin New Delhi. Which government organization is organizing the summit?
a)Department for Promotion of Industry and Internal Trade(DPIIT)
b) Department of Economic Affairs
c) Ministry of Commerce
d) None of the above
Answer: a)
Context

  • Prime Minister NarendraModi will address the Start-Up India International Summit ‘Prarambh’ on 16th January evening .

Facts

  • It is a two day event (15-16 january) being organized by DPIIT to mark the 5th anniversary of Start Up India Initiative .
  • Summit is follow up of the announcement made by PM Modi at 4th BIMSTEC in August in 2018.
  • Members of BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) countries participated in the inaugural event which was inaugurated by PiyushGoyal.
  • Summit is a demonstration of neighbourhood first policy which will booster partnership among the BIMSTEC member countries.
  • Since all the event will be held virtually , it will be a great opportunity for youngsters to take part and interact with global professionals.

By – Kameshwar Shukla

Reference: https://www.livemint.com/news/india/modi-to-address-startup-summit-prarambh-today-11610762401926.html