Question

5. Write any two initiatives taken by
government to encourage the creation and growth
of new
ventures.​

Answer 1

Answer:

AICs are set up under the Atal Innovation Mission (AIM). AICs aim to support and encourage startups to become successful enterprises. They will provide necessary and adequate infrastructure along with high-quality assistance or services to startups in their early stages of growth

Answer 2

Any two initiatives taken by government to encourage the creation and growth of new ventures:

Explanation:

• These include setting up a 10,000 crore fund as venture capital for the micro, small and medium enterprises (MSME) sector, allocating 20,000 crore.
• To set up a specialized bank for the SME sector (Mudra Bank) and earmarking Rs 1000 crore to support startups.
• Rashtriya Krishi Vikas Yojana, ASPIRE, MUDRA Bank are some.