Golden era of India's startups starting now: PM

In an interaction with startups, Prime Minister Narendra Modi stated that the golden era of India’s start-ups is starting now. Highlighting the importance of startup in the nation’s progress, the PM stated that the country’s startups are changing the rule of the game and these startups are going to be a back bone of New India. He listed three important aspects of the changes that the government is making in this decade to strengthen innovation, entrepreneurship and start-up ecosystem. First, to liberate entrepreneurship and innovation from the web of government processes, bureaucratic silos. Second, creating an institutional mechanism to promote innovation. And third, handholding of young innovators and young enterprises. In addition, several areas where the startup ecosystem can play a major role were also highlighted. Meanwhile, the startups also gave presentations to the PM on six themes - Growing from Roots, Nudging the DNA, From Local to Global, Technology of Future, Building Champions in Manufacturing and Sustainable Development.