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“Chunauti”- Next Generation Start-up Challenge Contest, recently in news launched by which of the following ministries?
  • a)
    Ministry of Agriculture
  • b)
    Ministry of Trade and Commerce
  • c)
    Ministry of Electronics and Information Technology
  • d)
    NITI Aayog
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
“Chunauti”- Next Generation Start-up Challenge Contest, recently in n...
The correct answer is the Ministry of Electronics and Information Technology.
In News
  • Ministry of Electronics and Information Technology has launched “Chunauti”- Next Generation Startup Challenge Contest.
Key-Points
Aims and Objectives:
  • To further boost startups and software products with a particular focus on Tier-II towns of India.
  • Identify around 300 startups working in identified areas and provide them a seed fund of up to Rs. 25 Lakh and other facilities.
Under this challenge, the Ministry of Electronics and IT will invite startups in the following areas of work:
  • Edu-Tech, Agri-Tech & Fin-Tech Solutions for masses.
  • Supply Chain, Logistics & Transportation Management.
  • Infrastructure & Remote monitoring.
  • Medical Healthcare, Diagnostic, Preventive & Psychological Care.
  • Jobs & Skilling, Linguistic tools & technologies.
Important Points
  • The startups selected will be provided various support from the Government through Software Technology Parks of India centers across India.
  • They will get incubation facilities, mentorship, security testing facilities, access to venture capitalist funding, industry connect as well as advisories in legal, Human Resource (HR), IPR and Patent matters.
  • Besides a seed fund of up to Rs. 25 Lakh, the startups will also be provided cloud credits from leading cloud service providers.
  • Each intern (start-up under pre-incubation) will be paid Rs. 10,000/- per month up to a period of 6 months.
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“Chunauti”- Next Generation Start-up Challenge Contest, recently in news launched by which of the following ministries?a)Ministry of Agricultureb)Ministry of Trade and Commercec)Ministry of Electronics and Information Technologyd)NITI AayogCorrect answer is option 'C'. Can you explain this answer?
Question Description
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