PM inaugurates Start-up Mahakumbh at Bharat Mandapam, New Delhi
Addressing the gathering, the Prime Minister highlighted the importance of Start-up Mahakumbh and emphasized the country’s roadmap of working to become a Viksit Bharat by 2047.
The Prime Minister of India, Shri Narendra Modi, today inaugurated the Start-up Mahakumbh event at Bharat Mandapam in New Delhi. During the event, he walked through an exhibition and addressed the attendees, emphasizing the importance of the Start-up Mahakumbh and outlining India's roadmap towards becoming a developed country, or Viksit Bharat, by 2047.
The Prime Minister highlighted India's making a mark in the IT and software sector in the last few decades and underlined the emerging trends of innovation and start-up culture.
Read Also : Gunjan Kumar Sinha recommended for ECL Director PersonnelThe Prime Minister expressed satisfaction over the growth of the startup ecosystem in the country due to the right policies. He recalled the initial reluctance and indifference towards the concept of startup in society. Innovative ideas found a platform over some time under Startup India, he said. He commented on the development of an ecosystem through connecting ideas with funding sources, and incubators in academic institutions which gave facilities to the youth of tier 2 and tier 3 cities.
Read Also : ONGC Shares fell after HSBC Downgrade with Falling Oil PricesDuring a recent speech, the Prime Minister of India highlighted that their country has the third largest startup ecosystem in the world, with 125,000 startups that engage 1.2 million young people. He encouraged entrepreneurs to be diligent about filing their patents quickly. In addition, the GeM portal has provided over 20,000 crore rupees to businesses and startups. The Prime Minister praised the youth for exploring new areas and expressed how the startups launched on the policy platforms have reached new heights today.
Read Also : Energy Maharatna ONGC bagged Award for Excellence in CSR Practices
News Must Read
- Gunjan Kumar Sinha recommended for ECL Director Personnel
- Stock market indices surge as global markets rally after Fed rate cut
- NTPC board approves Rs 9,700 cr investment for 800 MW Sipat project
- BPCL Director V.R.K Gupta felicitated as 'PSU CFO' by CII
- HUDCO announces Potential Loan Assistance worth Rs 1 Lakh Crore under PMAY-U 2.0
- India’s Largest Bank, SBI raised Rs. 7,500 cr
- Indian Bank raises Rs. 5,000 Crores through issuance of Bonds
- NLCIL plans three fold increase in its total power generation capacity by 2030
- DVC enters into financial collaboration with State Bank of India
- IREDA Signs MoU with SJVN and GMR for 900 MW Hydropower Project in Nepal