About Startup India 

• Startup India is a flagship initiative of the Government of India, intended to catalyse startup culture and build a strong and inclusive ecosystem for innovation and entrepreneurship in India. 
• Since the launch of the initiative in 2016, Startup India has rolled out several programs with the objective of supporting entrepreneurs, and transforming India into a country of job creators instead of job seekers.
• In this context, MAARG portal – Mentorship, Advisory, Assistance, Resilience and Growth, is a one stop platform to facilitate mentorship for startups across diverse sectors, functions, stages, geographies, and backgrounds. 
• The objectives of the MAARG portal are – 
  • To provide sector focused guidance, handholding, and support to startups throughout their lifecycle
  • To establish a formalized and structured platform that facilitates intelligent matchmaking between the mentors and their respective mentees
  • To facilitate efficient and expert mentorship for startups and build an outcome-oriented mechanism that allows timely tracking of the mentor-mentee engagements.

Why in News?

• The government said that the number of recognised Start-Ups has increased from 452 in 2016 to over 84 thousand in 2022.

reference:

https://newsonair.gov.in/News?title=Recognised-Start-Ups-number-increased-from-452-in-2016-to-over-84-thousand-in-2022&id=452285