Summary:

The Department for Promotion of Industry and Internal Trade (DPIIT) has signed an MoU with YourStory Media Private Limited to promote inclusive entrepreneurship and boost India's startup ecosystem. This cooperation under the Bharat Project intends to empower one million entrepreneurs, with an emphasis on tier II, tier III, and rural regions. It promotes creativity through AI-powered tools, venture launchpads, and regional language storytelling. The cooperation will also use startup events and developer platforms to increase participation, investor contacts, and industry support for AI, GenAI, data, and blockchain. This project attempts to increase access to resources for underprivileged entrepreneurs in India.

Source: IBEF

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