28,979 startups recognised by DPIIT as on March 1: Piyush Goyal

DPIIT is the monitoring agency and Small Industries Development Bank of India (Sidbi) is the operating agency for the FFS. The total corpus of Rs 10,000 crore is envisaged to be provided over the 14th and 15th Finance Commission cycles based on progress of the scheme and availability of funds.

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