Prime
Minister Modi announced, 16 January to be celebrated as National Start-up
Day. He made the announcement through video interaction with 150 start-ups. The
video conferencing was the part of Azadi Ka Amrit Mahotsav.
The
Prime Minister in his video interaction said, "Start-ups are going to be
the backbone of new India. When India completes 100 years of independence,
start-ups will have an important role. Country's innovators are making the
country proud globally."
Modi also
said that the Government is going to make big changes for start-up-related
policies. Prime Minister interacted with various start-ups including
Agriculture, Health, Security, Environment, Fintech and Enterprise sector.
PM Modi
also mentioned that "India's start-ups are now working in 55 different
industries. Five years ago, India didn't have even 500 start-ups! Today the
number has crossed 60,000."
PM Modi
encouraged the youth to come on the front foot with new and creative start-up
ideas. He also boosted the morale of the start-ups that are currently working
towards their progress. The event is being hosted by the Department for
Promotion of Industry and Internal Trade, Ministry of Commerce and Industry.
The interaction's
main focus was to let everyone understand how start-ups contribute to the
development of the country and also encourage the willing youth to come
forward.