Overview
- Government sources say DPIIT recognition rules are likely to be updated to explicitly include deep-tech firms and cooperatives.
- Recognised start-ups may be allowed to pivot into deep-tech fields, with possible financial incentives to support such shifts.
- The initiative is framed as a boost to innovation, AI-related activity and employment across the start-up ecosystem.
- No formal notification or implementation timeline has been issued, so existing eligibility criteria remain unchanged for now.
- DPIIT data show over 200,000 recognised start-ups creating nearly 2.2 million jobs, with about half originating in Tier-II and Tier-III cities.