Government Enhances Startup Recognition Framework in India

The Ministry of Commerce & Industry of India has revised the startup recognition framework to strengthen the Startup India Action Plan. Key changes include raising the turnover limit for recognition as a startup from ₹100 crore to ₹200 crore. A new category for Deep Tech Startups has been introduced, with the age limit extended to 20 years and the turnover limit set at ₹300 crore. Additionally, cooperative societies are now included as eligible entities for startup recognition, promoting innovation at the grassroots level.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link