New Delhi: Government will select hundred start-ups across the country to empower sustainable economic growth and generate employment opportunities in the water or used water sector. Housing and Urban Affairs Minister Hardeep Singh Puri said this at the launch of ‘India Water Pitch-Pilot-Scale Start-up Challenge’ in New Delhi on Saturday. Mr. Puri also added that his ministry will select start-ups through this Start-up challenge and provide twenty lakh rupees to each start-up as funding support as well as mentorship.
On the occasion, Mr. Puri emphasized on the important role being played by the Start-ups, and assured them of full and active support from the Government. He said that the Start-ups are the flavor of the season, as the number of Unicorns in the country has jumped, by leaps and bounds.
The minister said that AMRUT 2.0 is a transformative and unique scheme, with a huge outlay of over Rupees 2.77 lakh crore. He said that the scheme will ensure water security in the country, reduce its transportation costs, reduce groundwater contamination, and increase water utilization capacity. He said for the success of the Mission, Start-ups will have to play a meaningful role- by bringing in innovative ideas, Technology, novel delivery mechanisms, etc.
