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Q105 (CDS-II/2026) Economy › Industry, Infrastructure & Investment

Which of the following statements regarding 'Startup India Fund of Funds 2.0' is/are correct ?
1. It has a corpus of about ₹10,000 crore
2. NITI Aayog serves as the primary implementation agency
3. It focuses on deep-tech and technology-driven manufacturing startups
Select the answer using the code given below :

Result
Your answer: —  ·  Correct: C

Explanation

The Fund of Funds for Startups (FFS), often discussed in its evolved '2.0' phase under the Startup India initiative, was established with a corpus of ₹10,000 crore. This corpus is used to invest in SEBI-registered Alternative Investment Funds (AIFs), which in turn invest in startups.

  • Statement 1 is correct: The total corpus allocated for the Fund of Funds for Startups is ₹10,000 crore, spread over the 14th and 15th Finance Commission cycles.
  • Statement 2 is incorrect: The Small Industries Development Bank of India (SIDBI) is the primary operating and implementation agency for the fund, not NITI Aayog. NITI Aayog acts as a policy think tank and manages the Atal Innovation Mission (AIM).
  • Statement 3 is correct: While the fund is sector-agnostic, recent policy shifts and the 'Startup India 2.0' vision place a significant focus on deep-tech, research-driven innovation, and technology-led manufacturing to support the 'Atmanirbhar Bharat' and 'Make in India' objectives.

By eliminating Statement 2, options A, B, and D are incorrect, leaving C as the correct choice.

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