India's G-20 Presidency: Startup-20 Group holds second meeting in Sikkim

Tags: Summits State News

Startup 20 Engagement Group

The Startup 20 Engagement Group under India's G-20 Presidency began a two-day meeting in Gangtok, Sikkim.

The group aims to bring together the global startup system and give each country the freedom to develop its own unique ecosystem.

An Overview of the News

  • Chief Minister Tamang also acknowledged the significant scope for aggregators in developing end-to-end chains of organic farm and livestock products as well as medicinal plants and tourism in Sikkim.

  • The state government has set up an incubation center under the Atal Innovation Mission at Sikkim Manipal University and launched schemes like One Family, One Entrepreneur in Sikkim to address the challenges faced by startups in the state.

  • Minister of State for Commerce and Industry Som Prakash reiterated the commitment of the Union Government to strengthen the startup ecosystem of the Northeast.

  • The meetup aims to connect large businesses under B20 with small entrepreneurs from Startup20.

About Sikkim

Located - Eastern part of the country

Establishment - 16 May 1975 as the 22nd state of India

Capital - Gangtok

Chief Minister - PS Tamang

Minister of State for Commerce and Industry - Som Prakash

Borders - China, Bhutan, West Bengal and Tibetan region of Nepal

Highest peak of India and third highest peak of the world - Mount Kanchenjunga is located in Sikkim

Rivers - River Teesta and its tributaries like Rangit, Lhonak, Talung and Lachung

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