According to Ventureast Founder and Managing Partner Sarath Naru, "beyond the first 5-10 years of their life, start-ups start creating a large number of jobs at a lower level, which is needed."
Even in infrastructure-heavy capital-asset businesses like mining, start-ups have accomplished this feat.
NITI Aayog data report that India currently has 7.7 million gig workers, with a projected increase to 23.5 million by 2029-30.
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