Current Affairs-Topics

BHASKAR Portal: India New Digital Hub for Startup Ecosystem

Union Minister Piyush Goyal has launched the Bharat Startup Knowledge Access Registry (BHASKAR), a digital platform under the 'Startup India' program.

Introduction and Objectives of BHASKAR

  • Union Minister Piyush Goyal launched the Bharat Startup Knowledge Access Registry (BHASKAR) portal.

  • BHASKAR, meaning 'Rising Sun', is a digital platform under the 'Startup India' program.

  • The platform aims to unify and empower India's rapidly growing startup ecosystem.

  • It serves as a one-stop solution for collaboration, knowledge sharing, and innovation.

  • BHASKAR is designed to challenge incubators, policymakers, and other key startup ecosystem stakeholders.

  • The platform will integrate dreamers, doers, and disruptors in the startup community.

Key Features and Value Propositions

  • Industry Alliances: Brings together stakeholders from different sectors for cross-collaboration.

  • Dynamic Networking: Enables easy connection and collaboration through personalized dashboards.

  • Enhanced Visibility: Offers profile cards for discovery across the startup ecosystem.

  • Personalized Identification: Provides a unique BHASKAR ID for each user, tied to their profile.

  • Comprehensive Resource Access: Acts as a central repository for business planning tools and expert guidance.

  • Cross-Border Collaboration: Elevates India's profile as a global innovation hub.

  • Policy Access: Connects startups and investors with policymakers.

  • Data Sharing: Facilitates the exchange of information and resources among stakeholders.

Impact and Future Prospects

  • BHASKAR aims to be the largest digital registry of the startup ecosystem globally.

  • It will cater to over 1.4 lakh DPIIT-recognized startups as of August 2024.

  • The platform is expected to catalyze growth and success in the startup ecosystem across India and beyond.

  • It will particularly benefit startups in tier-2 and tier-3 cities, ensuring inclusive innovation.

  • The government aims to make the ecosystem socialized, democratic, and visible to the world.

  • BHASKAR is seen as a tool to build 'Brand India' and market products and services globally.

  • Plans include the release of BHASKAR 2.0 with enhanced features and technology.

  • The platform aligns with Prime Minister Narendra Modi's vision of shaping policies for the future.

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