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UPSC 2017 IAS Exam: PIB Summary and Analysis - June 20

Commerce & Industry Minister launches the Start-up India Hub 
  • The Startup India Virtual Hub (an online platform) for all stakeholders was launched
  • The features of the platform are
    • It will enable the entrepreneurial ecosystem in India to discover, connect and engage with each other
    • It will enable all the stakeholders to interact, exchange knowledge, and assist in each other’s growth
    • It will streamline the lifecycle of existing and potential startups, helping them access the right resources at the right time
    • The portal will host startups, investors, funds, mentors, academia, incubators, accelerators, corporates, Government bodies and more
    • The Hub attempts to solve the problem of information asymmetry and lack of access to knowledge, tools, &experts, especially in the nascent ecosystems across Tier II and III towns
    • To ensure accessibility across various platforms, dedicated Apps are also available on both Android and iOS
    • The Hub has also aggregated over 50 relevant Govt schemes/programs
    • In the next phase, the platform will also aggregate schemes available across various state governments. To provide a better user experience, the platform has been enabled to build smart intelligence along with Chatbots to automatically collate, update information and respond to queries
  • The Minister also announced a new initiative, wherein a Startup exchange program amongst the SAARC nations would be organized


India and Portugal Sign a Historical agreement to promote Cooperation in 
The Field of Archives 
  • A Protocol of Cooperation was signed between India and Portugal
  • As a first step under this agreement, the Torre do Tombo (National Archives of Portugal) handed over to the National Archives of India digital copies of 62 volumes of the collection known as‘Moncoes do Reino’ (Monsoon correspondence)

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