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All recent news related to Economy

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14 April 2026 NATIONAL

The Government of India has notified the “Startup India Fund of Funds 2.0” (Startup India FoF 2.0) with a total corpus of ₹10,000 crore to mobilise venture and growth capital for the domestic startup ecosystem.

This initiative is the successor to the “Fund of Funds for Startups” (FFS 1.0) launched in 2016 under the “Startup India Action Plan” to address funding gaps and catalyse domestic capital. The Startup India FoF 2.0 will facilitate commitments to eligible Alternative Investment Funds (AIFs) across the 16th and 17th Finance Commission cycles.

14 April 2026 REPORTS

Union Minister Giriraj Singh released the study report titled “Market for Textiles and Clothing: National Household Survey 2024” in New Delhi. The report states that the domestic demand for textiles in India recorded a Compound Annual Growth Rate (CAGR) of 8.3%, increasing from ₹4.89 lakh crore in 2010 to ₹14.95 lakh crore in 2024.

Household demand for textiles rose from ₹4.18 lakh crore in 2010 to ₹8.77 lakh crore in 2024. The per capita demand for textiles increased at a CAGR of 7.8%, growing from ₹2,119 in 2010 to ₹6,066 in 2024.