National Startup Advisory Council

On 17th May, 2022, the Minister of Commerce and Industry chaired the 4th meeting of National Startup Advisory Council (NSAC) in New Delhi.

Composition: Chairman: Minister for Commerce & Industry.

• Ex-officio Members: Nominees of the concerned Ministries/Departments/Organisations not below the rank of Joint Secretary.
• Besides the ex-officio members, the council has nonofficial members, representing various stakeholders such as founders of successful startups, veterans who have grown and scaled companies in India

Functions: It will suggest measures to foster a culture of innovation amongst citizens and students, in particular, promote innovation in all sectors of the economy across the country.

• It is a one of its kind congregation wherein the policy making process is driven as part of collaboration between all the key stakeholders of the Startup ecosystem