New Delhi:
The government will unveil a blueprint for start-ups in the country on January 16, Prime Minister Narendra Modi said in his monthly radio programme Mann ki Baat today.
"On the 15th of Aug, from the Red Fort, I talked about India becoming a start-up destination... Subsequently, the talk about whether India can indeed become a Start Up capital of the world. On January 16 we are coming out with an action plan on start-ups," PM Modi said.
"Startup India, Stand up India programme will connect bright minds from IT in all colleges through live connectivity... Youth all over India have the talent and the capability to propel India's growth," he added.
The Start-up initiative, as envisaged by the Prime Minister, involves bank loans for entrepreneurs. Each of the nation's 1.25 lakh bank branches should encourage at least one Dalit or tribal entrepreneur and at least one woman entrepreneur, he had announced from the ramparts of the Red Fort.
Since the announcement on Independence Day, PM Modi has spoken repeatedly about the importance of entrepreneurship and the resulting job creation in getting the nation to move forward.
Several start-up festivals have been held abroad, notably during PM Modi's recent visit to California.
At the Start-up Konnect programme in Silicon Valley, he had said the start-up ecosystem was developing rapidly, fueled by the great energy and innovation of India's youth. He also said he wanted start-ups to embrace the rural India as much as the Urban India.
"I want this especially for our rural women, who have shown marvellous success in enterprise, whenever they have had opportunity. They transform not only our rural economy, but also our society," PM Modi added.