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‘Prarambh’: Startup India International Summit

Published on January 17, 2021
Current Context: The Union Minister of Railways, Commerce and Industry, Consumer Affairs and Food and Public Distribution, Piyush Goyal inaugurated ‘Prarambh’: Startup India International Summit.
‘Prarambh’: Startup India International Summit
  • It was organised by the Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry. 
  • The summit was participated by BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) member countries.
  • The summit was held to enhance the cooperation among BIMSTEC nations and to provide the platform to the startups in order to work to develop new ideas and inventions.
  • The summit focused on multilateral cooperation and provided motivation to the nations to work collaboratively to the uplift startup ecosystem.
  • Static Part: 
    • BIMSTEC member nations: India, Bangladesh, Bhutan, Myanmar, Sri Lanka, Nepal and Thailand
    • HQ of BIMSTEC: Dhaka, Bangladesh
    • HQ of DPIIT: New Delhi
    • Chairman of DPIIT: Guruprasad Mohapatra


Q.1 Which organisation organised the ‘Prarambh’: Startup India International Summit’?
a. Department for Promotion of Industry and Internal Trade (DPIIT)
b. NITI Aayog
c. Small industrial Development Bank of India (SIDBI)
d. Securities and Exchange Board of India (SEBI)

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