During the event, the Minister unveiled 'LEAP' as the way forward to further strengthen our Startups ecosystem. LEAP stands for "Leverage, Encourage, Access & Promote".
SMILE (Support for Marginalised Individuals for Livelihood and Enterprise) is an umbrella scheme being formulated by the Ministry of Social Justice and Empowerment.
Ratings and research firm Icra has estimated that India's economy will grow at 9% in FY22 and FY23 amid the uncertainty triggered by the Omicron variant of Covid-19.