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Goyal Pitches For Start-Up Database In Country

The minister also sought views of the startup community in further reducing compliance burden, and simplification of processes to promote ease of doing business in the country

Goyal Pitches For Start-Up Database In Country
Piyush Goyal, Minister of Commerce & Industry

Press Trust Of India

POSTED ON January 16, 2023 7:15 PM

Commerce & Industry Minister Piyush Goyal on Monday called for making a strong database of all start-ups in the country as it would help both public and private sectors.

He said the database can help the government in its procurement of goods and services. Goyal added that there must be a number of startups having different levels of success and are not there in any database.

"Can we have a robust database of all start-ups in the country...Let's go for a database ...and make that available for all," he said.

The minister also sought views of the start-up community in further reducing compliance burden, and simplification of processes to promote ease of doing business in the country.

"I am sure there are many more areas where we can reduce the burden of processes for all of you," he said here at the National Startup Awards function.

Talking about the Open Network for Digital Commerce (ONDC), he said ONDC is a unified payments interface (UPI) type protocol that would democratise e-commerce businesses by onboarding crores of small retailers in the country.

Goyal also said ONDC would also help promote mom-and-pop stores.

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