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Prime Minister Narendra Modi announces January 16 as National Startup Day

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Prime Minister Narendra Modi announced on Saturday that January 16 will be celebrated as National Startup Day as he interacted with over 150 startups from different sectors via video conference as part of Azadi ka Amrit Mahotsav.

The Prime Minister said startups are going to be the backbone of the new India. He added that from now on, January 16 will be celebrated as National Startup Day.

The Prime Minister during his speech said that, Our startups are a game changer. I believe startups are going to be the backbone of India. I congratulate all the start-ups, all the youth, who are raising the Indian flag in the start-up world. In order for this start-up culture to reach the most remote regions of the country, it was decided to celebrate January 16 as National Start-up Day”.

Prime Minister Modi said the government is planning to make big changes to startup policies.

Prasar Bharati quoted the Prime Minister and said that India’s startup ecosystem will see new horizons in this year 2022. When India completes 100 years of independence, startups will play an important role.

The Prime Minister also urged startups to move closer to semi-urban and rural areas to launch new projects as they have huge potential.

I urge startups to work on building rural India. It will not only come with challenges, but also with huge potential,” Prime Minister Modi said.

Prime Minister Modi told attendees to make their dreams global, don’t keep them local. He urged participants to innovate for India and from India when interacting.

The Prime Minister hailed the growth of the startup sector in India over the past few years. Prime Minister Modi said there is at least one startup in at least 625 districts across India.

He also added that the ongoing start-up campaign has improved India’s ranking a lot in the Global Innovation Index. India’s ranking in the Global Innovation Index rose from 81 to 46 in the Innovation Index, Prasar Bharati reported.

The Amrit Mahotsav is a week-long event “Celebrating the Innovation Ecosystem”, organized by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Trade and Industry, ANI reported.

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