Start-up India, Stand-up India: More than a Slogan

The slogan “Startup India and Standup India” exclaimed by the Prime Minister Narender Modi on 15^th August 2015, from the Red Fort is going to be instituted into an action plan on 16 January, 2016. It is expected that a new ecosystem for the start-ups will be formulated with the help of this new campaign. So let’s have a detailed look at this.

Start-up culture in India:

India is ranked 3^rd   globally in number of start-ups with more than 4000 start-ups. India is also the world’s youngest nation with 72% founders below 35 years age. In the year 2015 $5 Billion funding has drifted into Indian start-ups this year and expected to increase with this new action plan. Thus there is huge potential in Indian start-ups to revolutionize India’s economy.   

Objective resides in the slogan itself:

The complete aim of this new structure resides in the slogan itself. The objective of the campaign is to give power to the ideas of the youth and create a friendly environment for the new entrepreneurs.  With this programme Indian government also wants to push India’s start-up culture (full of potential) to greater heights which will indeed definitely boost country’s economy.

Starting India:

In a address to students at 13th Convocation Ceremony of Visvesvaraya National Institute of Technology, President Pranab Mukherjee called upon the young technologists to aim at becoming entrepreneurs in order to make ‘Startup India, Stand up India’ campaign a success. He also urged students to become entrepreneurs instead of seeking job. The startup India campaign will help in creation new job opportunities and hence decreasing unemployment rate. Be it manufacturing, service sector or agriculture, this new initiative will bring in new ideas, new ways, and new innovations. The main stress of this programme will also be to promote bank financing for startup ventures and offer incentives to boost entrepreneurship and job creation.

The launch:

The government of India will launch Startup India movement on January 16 at Vigyan Bhavan in New Delhi and CEO from top Startups will attend the event. The Event will conduct non-stop workshop on Startup entrepreneurship and shall have panel discussions on various topics. Considering the importance of this event towards promotion of Start-up culture in the country, the event will be telecast live in IITs, IIMs, NITs, IIITs and Central Universities and to youth groups in over 350 districts of India.  

Jan 16, 2016- Something incredible is going to happen.

India Stands Up When An Entrepreneur Starts Up.

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