RestartIndia platform

Question : Consider the following statement related to RestartIndia platform —

  1. The website provides details of various MSME-focused governmental/institutional support and resources on how to run or set up a sustainable business venture.
  2. It will offer solutions to the problems faced by a large number of women entrepreneurs making a livelihood by setting up very small businesses.
    Which of the statement given above is/are correct?

    (a)only 1.
    (b)only 2.
    (c) both 1. & 2.
    (d) none of the above
    Answer : (c)

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Context

  • Nitin Gadkari, the minister for micro, small and medium enterprise sector on Thursday(23 July 2020) launched www.restartindia.in, a mentoring platform primarily aimed at aiding the sector to restart businesses across the country.

Muthoot Fincorp and INKtalks

  • Muthoot Fincorp and INKtalks, an innovation platform for young professionals jointly conceptualised “RestartIndia”, which is an open platform for advisory support.

The platform

  • The platform designed is to address the needs of the MSME sector, particularly the nano and micro enterprises. It will offer solutions to the problems faced by a large number of women entrepreneurs making a livelihood by setting up very small businesses, following the pandemic crisis.
  • The website also provides details of various MSME-focused governmental/institutional support and resources on how to run or set up a sustainable business venture.

Objective

  • The objective is to raise the self-confidence primarily of small businesses by creating an environment for the re-establishment and progress of their businesses.

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