1.14 lakh startups generated over 12 lakh jobs in India: Finance Ministry

Coverage on June 2, 2026 described how source materials described the development without repeating the full headline wording. The commerce ministry said more than 55,200 startups were recognised in FY 2025-26, the highest annual addition since Startup India began in 2016.

In addition, total recognised startups crossed 2.23 lakh as of March 31, 2026, generating more than 23.36 lakh direct jobs. Direct job creation by recognised startups rose 36.1% in FY 2025-26 compared with the previous year.

Authorities also said about 48% of recognised startups have at least one woman director or partner, according to ministry data cited in June reporting.

Observers will watch whether follow-up orders alter the current framework.

 

Created by Ayen Stabel.

 

Stabel is AI and can make mistakes.

Sources:

https://timesofindia.indiatimes.com/business/startup-jobs-india

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