Google News
logo
Daily Current Affairs
The second meeting of the Startup20 Engagement Group(B20) under India's G20 Presidency was held in Which State on 18-19 March 2023?
A)
Mizoram
B)
Sikkim
C)
Manipur
D)
Arunachal Pradesh

Correct Answer :   Sikkim


The second meeting of the Startup20 engagement group under India’s G20 Presidency will conclude in Gangtok, Sikkim 19th March 2023.

* The final day of Startup20 Sikkim Sabha began with taskforce meetings of the engagement group at restaurants and cafes in and around Gangtok’s MG Marg.

* These engagements focused on deliverables under the Startup20 taskforces of foundation, alliance, finance, sustainability and inclusion.

* At the debriefing of Startup20 Sikkim Sabha, task force members presented recommendations and observations for future action. Mentoring, market access and funding were identified as critical areas for startups.

* The need for a single window platform for easing access to funds and knowledge sharing across G20 nations was highlighted.  Establishing a common startup20 fund with contributions from member nations, harmonising taxes, capacity building, a rating mechanism for startups, economic inclusion of under-represented groups of society, sharing of best practices, increasing awareness on startup policies and establishment of single-point nodal agencies across G20 nations to drive the agenda of startups were among the key recommendations and observations for policymakers.

* The concluding session, the delegates and participants will visit Rumtek Monastery near Gangtok this afternoon. The second and final day of Startup20 Sikkim Sabha will also include a debriefing of the event and discuss steps leading to the next meeting of the engagement group.

* On the first day, speakers highlighted India’s successful push for creating the Startup20 engagement group under G20, reflecting Prime Minister Narendra Modi’s vision of lending a voice to startups and uniting global startup ecosystems.

* Addressing the inaugural session, Sikkim chief minister PS Tamang spoke about the vast opportunities for local startups and the future roadmap of policy support. For an immersive experience, various startups from across the world were showcased at stalls on Gangtok’s MG Marg, while Startup20X shared success stories and experiences through talks...

Source : AIR

Published On : March 20, 2023
Advertisement