1、Growing inclusion in India:The FinTech waySeptember 20232|GROWING INCLUSION IN INDIA:THE FINTECH WAY2|GROWING INCLUSION IN INDIA:THE FINTECH WAYGROWING INCLUSION IN INDIA:THE FINTECH WAY|3The Startup India flagship initiative of the Government of India,under the Department for Promotion of Industry

2、and Internal Trade(DPIIT),Ministry of Commerce and Industry,was launched by the Honble Prime Minister of India,Shri Narendra Modi,on 16th January 2016.The 19-point Action Plan emphasised objectives of simplification and handholding,funding support and incentives,and industry-academia partnership and

3、 incubation.The initiative intends to catalyze and build a strong ecosystem for nurturing innovation and startups in the country to drive sustainable economic growth and generate large-scale employment opportunities.With the Government of Indias fast-paced efforts towards making the vision of the St

4、artup India initiative a reality,substantial progress has been made.Since its launch,it has stirred strong entrepreneurial spirit across the country.From providing financial support,mentorship,linkages,and market access to cross-border collaboration,it is holistically covering the ambit.As of 15th M

5、ay 2023,there are 99,000+DPIIT-recognised startups in India,spread across 673 districts and in 57 different sectors.Of these,3000+are FinTech startups.Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunit

6、ies.BCG was the pioneer in business strategy when it was founded in 1963.Today,we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholdersempowering organizations to grow,build sustainable competitive advantage,and drive positive societal impact.Our diver