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National Startup day: Over 60,000 startups in 5 years, Modi says ‘future is the backbone of India’

Nationwide Startup day: Over 60,000 startups in 5 years, Modi says ‘future is the spine of India’

New Delhi: Prime Minister Narendra Modi hopes that the startup will cleared the path in the direction of a ‘self-reliant India’. In response to the Prime Minister, startups are going to be the ‘spine’ of the brand new India. To convey the message to the industrialists, Narendra Modi additionally declared January 16 as Nationwide Startup Day on Saturday.

The Prime Minister stated in a program on Saturday that over 60,000 startups have been arrange in India within the final 5 years of his authorities. There are 42 ‘unicorns’ in it. Modi is optimistic that startups will flip India round sooner or later. On this present day, Narendra Modi inspired the younger era to create extra startups for India, for India.

Mentioning the success, Narendra Modi stated that 26,000 patents have been granted final 12 months. The place 4 thousand patents have been granted in 2013-14. Within the fiscal 12 months 2020-21, 2.5 lakh logos have been registered. In 2013-14, 60 thousand logos have been registered.

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Modi stated India’s rating within the International Innovation Index has improved in comparison with the previous. In 2015, India was 61 in GII-A, now India has risen to 61. The explanation why the middle provides a lot significance to startups is as a result of not solely ‘innovation’ but in addition new job alternatives are being created.

The Prime Minister stated January 17 has been declared because the Nationwide Startup Day to introduce startup tradition on the grassroots degree.

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