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“January 16 will be celebrated as National Startup Day”: PM Narendra Modi

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Prime Minister Narendra Modi declared January 16 “National Startup Day” at an event on Saturday January 15, calling startups the “backbone of the new India”. The announcement was made at an Azadi ka Amrit Mahotsav, “Celebrating the Innovation Ecosystem” event, where the Prime Minister addressed more than 150 startups via videoconference.

“The country’s innovators make the country proud globally,” the prime minister said.

The goal of declaring January 16 National Startup Day is to ensure that startup culture can reach even the most remote parts of the country, he said.

“This decade is called India’s ‘techade’…to strengthen the ecosystem of innovation, entrepreneurship and startups, there are important aspects like unleashing entrepreneurship, innovation from government processes, bureaucratic silos,” Prime Minister Modi said.

The week-long event was organized to mark the sixth anniversary of the Startup India initiative and was hosted by DPIIT, Department of Trade and Industry.

“Our startups are changing the rules of the game,” said the Prime Minister. He also commended all the young professionals and startups establishing India’s presence in the startup world.

Encouraging startups to tap into opportunities in rural and semi-urban areas, he said, “From the rural economy to Industry 4.0, our needs and potential are limitless. Investing in research and development related to future technologies is the government’s priority. today.”

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