Context:
The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry is set to launch a groundbreaking digital platform BHASKAR.
Relevance:
GS II: Government Policies and Interventions
BHASKAR Platform Overview
- BHASKAR stands for Bharat Startup Knowledge Access Registry.
- Part of the Startup India movement aimed at reinforcing the startup ecosystem in India.
Purpose and Functionality
- Centralization: The platform is tailored to centralize and streamline interactions among various participants in the entrepreneurial ecosystem such as startups, investors, mentors, service providers, and government entities.
- Objective: Aims to create the largest digital registry for stakeholders involved in the startup ecosystem globally.
Key Features
- Connectivity: Facilitates seamless connections across different sectors by bridging gaps between startups, investors, and mentors.
- Resource Accessibility: Provides immediate access to essential tools and knowledge, thereby accelerating decision-making and enhancing the efficiency of scaling operations.
- Personalization: Assigns a unique BHASKAR ID to each stakeholder to offer personalized interactions and tailored experiences on the platform.
- Search and Collaboration: Incorporates advanced search functionalities that allow users to quickly find relevant resources, collaborators, and opportunities.
- Global Outreach: Enhances India’s position as a global innovation hub, facilitating easier cross-border collaborations for startups and investors.
