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India’s youth and entrepreneurs are targeted on fixing actual issues, and the Startup India mission has turn out to be a revolution, Prime Minister Narendra Modi stated on Friday.
New Delhi: India’s youth and entrepreneurs are targeted on fixing actual issues, and the Startup India mission has turn out to be a revolution, Prime Minister Narendra Modi stated on Friday.
Talking at a mega occasion marking a decade of the flagship programme ‘Startup India’, Modi stated the ecosystem that began with 4 startups in 2014 has grown to over 125 energetic unicorns.
India is the third largest startup ecosystem on the earth, with the startup tally now surpassing 2 lakh.
The Startup India momentum is accelerating, with unicorns launching IPOs and creating jobs, he stated.
Indian youth is concentrated on fixing actual issues, and the Startup India mission has turn out to be a revolution, in line with the PM.
Youth in tier-2 and three cities, even these in rural areas, are organising their very own ventures, Modi stated.
In the present day, 45 per cent of startups have both one lady director or accomplice, he added.
Threat-taking, which was discouraged, has turn out to be mainstream, he noticed, lauding India’s startup founders for his or her “spectacular” confidence and ambitions.
“These risk-taking concepts that have been earlier thought-about fringe, have now turn out to be trend,” he stated, including that the nation’s youth doesn’t need to work in consolation zones.
(Apart from the headline, this story has not been edited by The press reporter employees.)
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