The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, yesterday approved the Extension Corridor from Noida Sector 142 to Botanical Garden (Noida) of Noida Metro Rail Project with corridor for a length of 11.56 Km with 8 elevated stations. On operationalization of this corridor, Noida and Greater Noida city will have 61.62 Km of active Metro Rail Network.

Benefits and Bolstering Growth:

The Extension Corridor from Noida Sector 142 to Botanical Garden (Noida) of Noida Metro Rail Project represents a significant advancement in the city’s infrastructure development. This project acts as a major expansion of the Metro Rail Network in the city.

Enhanced Connectivity:

The Extension Corridor from Noida Sector 142 to Botanical Garden (Noida) of the Noida Metro project will introduce approximately 11.56 Km of new metro lines, significantly improving public transportation in the Noida city, which currently lack efficient connectivity and also it will also provide direct connectivity with high demand corridors, including interchange at Botanical Garden (Blue Line) and Magenta Line.

This phase aims to seamlessly integrate key zones of Noida, including:

  • Commercial hubs such as Advant Business Park at Sec-142, Skymark One Mall at Sec-98, Mall of Noida at Sec-93.
  • Major MNCs and IT Hubs such as Microsoft at Sec-145, TCS at Sec-157, Havells at Sec-126, Infosys at Sec-132, Cognizant at Sec-135, Adobe at Sec-132, Oracle at Sec-127
  • Educational Institutes such as Amity Univeristy at Sec-125, Panchsheel Balak Inter College at Sec-91, Mahamaya Balika Inter College at Sec-44
  • Critical healthcare facilities, most notably the Max Super Specialty Hospital at Sec-128,
  • Major tourist attractions, including Botanical Garden, Sec-93 Park

By bridging these vital areas with the metro network, Extension Corridor from Noida Sector 142 to Botanical Garden (Noida) will not only enhance connectivity but also stimulate economic activity and ease urban mobility for both residents and commuters related to Employment, Business, Education & General Transit.

Reduction in Traffic Congestion: Metro Rail as an efficient alternate road transport and with Extension Corridor from Noida Sector 142 to Botanical Garden (Noida) as an extension to the Metro Rail network in the Noida and Greater Noida city is expected to alleviate traffic congestion. Reduction in road traffic can lead to smoother movement of vehicles, reduction in travel time, increasing overall road safety etc.

Environmental Benefits: With the addition of Extension Corridor from Noida Sector 142 to Botanical Garden (Noida) Noida Metro Rail Project and increase in overall Metro Rail Network in Noida and Greater Noida city, can significantly reduce carbon emissions compared to traditional fossil fuel-based transport.

Economic Growth: Reduced travel times and improved access to different parts of the city and Transportation Hubs such as Delhi’s Airport, Delhi’s Railway Stations and various Bus Depots can enhance productivity by allowing individuals to reach their workplaces and destinations more efficiently. Also, the enhanced connectivity can stimulate local businesses, especially in areas near new metro stations which can also attract investment and development in previously less accessible regions.

Social Impact: The expansion of Extension Corridor from Noida Sector 142 to Botanical Garden (Noida) Metro Rail network in Noida will provide more equitable access to public transport, benefiting diverse socio-economic groups and reducing transport disparities which will contribute to a higher quality of life by reducing commute times and improving access to essential services.

The Extension Corridor from Noida Sector 142 to Botanical Garden (Noida) of Noida Metro Rail Project is set to be a transformative development for the city. It promises to deliver enhanced connectivity, reduced traffic congestion, environmental benefits, economic growth, and improved quality of life. By addressing key urban challenges and providing a foundation for future expansion, it will play a crucial role in shaping the city's development trajectory and sustainability.

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Startup India recognises 2.07 lakh ventures, 21.9 lakh jobs created

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Startup India recognises 2.07 lakh ventures, 21.9 lakh jobs created
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Cabinet approves Startup India Fund of Funds 2.0 to Mobilize Venture Capital for India’s Startup Ecosystem
February 14, 2026
Rs. 10,000 crore corpus to support deep tech, tech-driven innovative manufacturing startups, and early-growth stage startups

In a major boost to India’s growing startup ecosystem, the Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, has approved the establishment of the Startup India Fund of Funds 2.0 (Startup India FoF 2.0) with a total corpus of Rs. 10,000 crore for the purpose of mobilizing venture capital for the startup ecosystem of the country.

The Scheme is designed to accelerate the next phase of India’s startup journey by mobilising long-term domestic capital, strengthening the venture capital ecosystem, and supporting innovation-led entrepreneurship across the country.

Launched under the Startup India initiative, Startup India FoF 2.0 builds on nearly a decade of sustained efforts to make India one of the world’s leading startup nations. Since the launch of Startup India in 2016, India’s startup ecosystem has witnessed an extraordinary transformation growing from fewer than 500 startups to over 2 lakh Department for Promotion of Industry and Internal Trade (DPIIT)-recognised startups today, with 2025 marking the highest ever annual startup registrations.

Building on Fund of Funds for Startups 1.0

The Startup India FoF 2.0 follows the strong performance of the Fund of Funds for Startups (FFS 1.0), which was launched in 2016 to address funding gaps and catalyse the domestic venture capital market for startups.

Under FFS 1.0, the entire corpus of Rs. 10,000 crore has been committed to 145 Alternative Investment Funds (AIFs). Such supported AIFs have invested over Rs. 25,500 crore in more than 1,370 startups across the country in sectors such as agriculture, artificial intelligence, robotics, automotive, clean tech, consumer goods & services, e-commerce, education, fintech, food & beverages, healthcare, manufacturing, space tech, and biotechnology amongst others.

FFS 1.0 played a pivotal role in nurturing first-time founders, crowding in private capital, and helping build a strong foundation for India’s venture capital ecosystem.

Key Features of the Scheme:

While the first phase built the ecosystem, Startup India FoF 2.0 is designed to take Indian innovation to the next level. The new fund will have a targeted, segmented funding approach to support:

  1. Deep tech and tech-driven innovative manufacturing: Prioritizing breakthroughs in high-tech areas that require patient, long-term capital.
  2. Empowering early-growth stage founders: Providing a safety net for new and innovative ideas, reducing early-stage failures caused by lack of funding.
  3. National reach: Encouraging investment beyond major metros so that, the innovation thrives in every corner of the country.
  4. Designed to address high‑risk capital gaps: Directing greater capital to priority areas which are important for self-reliance and boosting economic growth.
  5. Strengthen India’s domestic venture capital base, particularly smaller funds to further boost the domestic investment landscape.

Startup India FoF 2.0 is expected to play a pivotal role in shaping India’s economic trajectory, leading to transformational impact.

Startup India Fund of Funds 2.0 is expected to play a critical role in advancing India’s innovation-led growth agenda. By supporting startups that build globally competitive technologies, products, and solutions, the Fund will contribute to strengthening India’s economic resilience, boosting manufacturing capabilities, generating high-quality jobs, and positioning India as a global innovation hub.

Aligned with the national vision of Viksit Bharat @ 2047, the Fund represents the Government’s continued commitment to empowering entrepreneurs, fostering innovation, and unlocking the full potential of India’s startup ecosystem.