Current Affairs - Important Days - Discussion

November 9 is observed as National Entrepreneurship Day in India to commemorate the establishment of the Ministry of Skill Development and Entrepreneurship (MSDE) in 2014. The day recognises the contributions of entrepreneurs and highlights the importance of innovation, startups and business development in the country's economic growth. India has emerged as the world's third-largest startup ecosystem, after the United States and China. As of November 2026, the country had approximately 2.62 lakh DPIIT-recognised startups, compared with fewer than 500 in 2014. These startups have generated more than 25 lakh direct jobs, supporting employment opportunities and India's vision of Viksit Bharat 2047.