The Union Minister of Commerce and Industries Suresh Prabhu launched SWAYATT (Start-ups, Women and Youth Advantage Through eTransactions) and GeM Start-up Runway.
SWAYATT will bring together the key stakeholders within the Indian entrepreneurial ecosystem to Government e-Marketplace the national procurement portal.
The objectives of SWAYATT are:
- To promote inclusiveness by catapulting various categories of sellers and service providers.
- Take proactive steps to facilitate the training and registrations of such specific category of manufacturers and sellers
- Develop women entrepreneurship and encourage participation of the MSME sector and Start-ups in public procurement.