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Prime Minister Modi's plan: Startup Seed Fund will create Rs 1000 crore for the youth, will strengthen the youth of the country


 Prime Minister Modi's plan: Startup Seed Fund will create Rs 1000 crore for the youth, will strengthen the youth of the country

 Prime Minister Narendra Modi made the important announcement while addressing the 'Startup: Startup India International Summit' through video conferencing. Prime Minister Modi announced the creation of a Rs 1,000 crore startup seed fund to make startups easily accessible start-up capital. The Prime Minister said, “India is developing a startup system that focuses on youth. In the new decade, we will give a new identity to all startups and show the world the strength of BIMSTEC. '

 The conference was originally organized by the Commerce Ministry's Department for Promotion and Industry and Internal Trade. At the end of the 2-day program, PM Modi spoke to young investors of the Bay-of-Bengal Initiative for Multi-Sectoral Technical and Economic Corporation (BIMSTEC). BIMSTEC countries include Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand. Prime Minister Modi also launched a booklet sharing 5 years of experience.

 14 thousand startups join a mission: Modi

 Prime Minister Modi said, “There were many challenges at the beginning of the Startup India mission. Today, India is one of the largest startup ecosystems in the world. 14 thousand startups are engaged in a campaign. It has been 5 years since the Startup India Movement in India. Today, India has launched a vaccination campaign. This day is a testament to the potential of India and the nature of health workers. The youth of BIMSTEC country are also getting involved in the experience of fighting against Corona.

 Modi announces names of winning start-ups

 PM Modi said that India had started startups in 12 sectors. Its winners have been announced. This is the century of the digital revolution. It can also be called the century of Asia. This is the time for future entrepreneurs to prepare. Asian countries have to take responsibility for this. 8 of the 12 awards announced by the Prime Minister have been received by startups from small towns. Each state is a partner in the startup mission. Eighty percent of the country's districts are affiliated with the startup movement. 45 percent of startups come from small towns.

 1 lakh crore fund for infrastructure with agriculture

 India has set aside a fund of Rs 1 lakh crore for agricultural infrastructure. Which will give the startup a lot of opportunity. This will give birth to new approaches and techniques. The ideology of walking on one track is changing. A new revolution is being attempted in every sector.

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