If everything goes as planned, you never know if India beats Silicon Valley in having more number of startups as the country has the backing of its Prime Minister Narendra Modi.Modi, during his monthly radio address ‘Mann ki baat’, said he would soon unveil Startup India, Standup India.
"Startup India, Standup India will bring about a big opportunity for the youth of the country. On January 16, the government will launch the complete action plan of the project. All IIMs (Indian Institutes of Management), IITs (Indian Institutes of Technology), central universities, NITs (National Institutes of Technology) will be joined with this programme through live connectivity," Modi said.
This will come as a breather for many people who have creative ideas and lack a slew of things to launch their startups. With the backing of the government, aspiring entrepreneurs will be able to devise new systems.
"We have to change the concept according to the requirements of our country. If a poor man does physical labour and a youth creates something through an innovation which lessens the physical effort of the labourer, I would consider that also a startup. I would ask banks to help such youth. Also, Startup India, Standup India, should not be limited to certain cities - it should spread to all corners of the country. I want to urge state governments also to spread this thought," Modi said.
During his ‘Mann ki baat’ address, Modi reiterated his slogan for clean India and asked people to clean the statues of national and state leaders as part of his pet campaign, Swachh Bharat Abhiyan, before January 26.
(Image: Reuters)