The document outlines the Startup India initiative launched by the Indian government. It aims to build a strong ecosystem for nurturing innovation and empowering startups in India. Key aspects include self-certification to reduce regulatory burdens, a Rs. 10,000 crore fund to support startups, tax exemptions for three years, and establishing research parks and incubators. The current scenario finds India as one of the top countries for startups with over $5 billion invested and 4000+ startups established in 2015. The conclusion states this initiative will create jobs, support entrepreneurship, and help showcase India's talent globally.