The question asks about a government initiative in India aimed at driving new-age ideas and enterprises. Let's analyze each option to find the correct answer:
Production Linked Incentive (PLI): This scheme is designed to boost domestic manufacturing in India and enhance exports by offering incentives to companies. While it supports industrial growth, it is more focused on manufacturing rather than fostering new-age ideas or entrepreneurship.
Special Economic Zone (SEZ): SEZs are areas within a country where business and trade regulations differ from the rest of the country. The primary aim of SEZs is to increase trade, investment, job creation, and effective administration, not specifically to promote new ideas or enterprises.
Technology Development Board: This is aimed at facilitating the development and commercialization of indigenous technology and promoting innovation, but it does not specifically target new-age entrepreneurship as a core objective.
Start-Up India: Launched in 2016, the "Start-Up India" initiative is specifically aimed at promoting entrepreneurship, encouraging new-age businesses, and driving innovation. It provides financial assistance, simplifies regulatory processes, and creates a supportive environment for startups to thrive.
Based on the analysis above, the initiative that aligns with the objective of driving new-age ideas and enterprises in India is the Start-Up India initiative.
This initiative plays a crucial role in nurturing the entrepreneurial spirit in India by providing the necessary support and ecosystem to startups.
Therefore, the correct answer is Start-Up India.
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