Which of the following statements is true regarding the

Solution

• Statement (b) is correct as Startup India provides funding, tax exemptions, and simplified regulations to help startups thrive.
• Statement (a) is incorrect because Startup India primarily focuses on supporting startups rather than providing loans to MSMEs.
• Statement (c) is incorrect as Startup India was launched by the Department for Promotion of Industry and Internal Trade (DPIIT), not the Ministry of Finance.
• Statement (d) is incorrect as Startup India does not provide a fixed capital subsidy for manufacturing units but instead focuses on easing the regulatory environment and offering tax benefits.