The much talked about campaign by Prime Minister Narendra Modi ‘Startup India, Standup India’ will soon be in action. PM Modi announced that the action plan will be unveiled on January 16, he is also urging states to take part in it and spread the word.
The first announcement about the campaign was hinted at the Independence Day this year by the Prime Minister, where he quoted that the campaign would target the lower strata of the society and also will boost the innovators in India by providing an environment of growth.
During PM’s radio program ‘Mann Ki Baat’ on All India Radio, he stated that the launch of the initiative on January 16 will see major higher educational institutions like IIMs, IITs, NITs etc participating in the event via online connectivity.
He quoted, “On August 15, I had made an initial mention of ‘StartUp India Stand Up India’. After that it has been discussed in all government departments. Can India become the startup capital of the world? On January 16, the government will launch the full action-plan of ‘Startup India Stand Up India’. I will come before you to discuss this in detail and would welcome your suggestions. I would request the state governments as well to take this forward.”
To make this fairly clear, he said this initiative is not just about IT or digital world, it’s about people starting new initiatives. Also stating that the program will help innovators come up in the country.
This programme is aimed at promoting investments in startup ventures, while targeting employment and economic growth of the country at the same time. They will not only fund the startups but will try to create an ecosystem out of it, the time gauge bounds the central government as the program comes with a sunset clause.