Jobaaj Stories
Indian Startups Outraged Over Piyush Goyal’s 'Dukaandari' Remark – A Growing Controversy
The Indian startup ecosystem is in turmoil following a recent remark by Union Minister Piyush Goyal. While addressing a gathering, Goyal used the term 'dukaandari' (shopkeeping) in reference to startup businesses. This statement has sparked widespread criticism, with many entrepreneurs and business leaders considering it an oversimplification of the immense challenges faced by startups.
Why Are Startups Upset?
Entrepreneurs argue that calling their ventures 'dukaandari' diminishes the effort, risk, and innovation involved in building a startup. Unlike traditional shopkeeping, startups:
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Develop cutting-edge technology and solutions.
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Drive economic growth by creating new jobs.
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Solve real-world challenges through innovation.
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Compete on a global scale, bringing international recognition to India.
Social Media Uproar & Industry Reactions
Shortly after Goyal’s remarks, startup founders took to platforms like X (formerly Twitter) and LinkedIn to voice their discontent. Prominent voices from the business community called the statement ‘dismissive’ and ‘unfair.’
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NASSCOM and other industry bodies have urged policymakers to acknowledge startups’ contributions rather than undermining their significance.
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Founders of unicorn startups expressed concerns over how such comments reflect the government’s view on entrepreneurship.
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Startup investors and venture capitalists highlighted how such rhetoric could impact investor sentiment and policy support.
Government Response & Next Steps
While the government has continuously promoted initiatives like Startup India, Goyal’s comment has led to increased skepticism about how startups are perceived in the political sphere. Entrepreneurs are now demanding a clearer stance from policymakers and seeking reassurance that their contributions are valued.
