PM Modi's New Initiative to Create Jobs: 'Startup India, Stand up India' appreciated by entrepreneurs
Author(s): City Air NewsNew Delhi, January 16, 2016: 'Start up India, Stand up India’ announced by Prime Minister Narendra Modi appreciated by young entrepreneurs. The campaign is for promoting bank financing for start-ups and offer...
cityairnews
Jan 16, 2016 12:30
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New Delhi, January 16, 2016: 'Start up India, Stand up India’ announced by Prime Minister Narendra Modi appreciated by young entrepreneurs.
The campaign is for promoting bank financing for start-ups and offer incentives to boost entrepreneurship and job creation. The new iniattive is to be started from January 16 that will encourage entrepreneurship among the youth of India.
Under this, in addition to existing systems to facilitate start-ups, he said loans would also be given to help people. The initiative will give a new dimension to entrepreneurship and help set up a network of start-ups in the country. The Prime Minister also promised to do away with the current practice of interview-based selections for low-skilled government jobs. As part of the Skill India and Digital India initiative, the Prime Minister said a package of incentives will be given to manufacturing units for generating jobs.
Speaking on the same, Mr. Rohit Mahajan, Managing Director Loofre.com says, “It is great efforts of the Union Government for specially Prime Minister Narendra Modi for launching Start up India, Stand Up India. This can be the platform that India needs badly to increase motivation to its entrepreneurs and keep the talent within its shores as well as increase the investments in the country. This is truly a visionary thought and inspires people like us to become entrepreneur and asking our fellows to be part of this spirit. Hopefully, soon we will see lot of global products from India. We entrepreneurs will live the dream our Prime Minister”
Ms. Pratima Arora Founder 230THK/INSIDESTUFF said, "While India is emerging as one of the fastest growing economies in the face of a slowing world economy, “Startup India, Standup India” can be a powerful engine to keep this growth rate alive. As the country is already reeling under its own challenges, under various circumstances, exploring new areas, and creating new opportunities have become extreme necessities for the government. So, with this initiative, hope the government will provide the youth essential opportunities to grow and be industrialists and entrepreneurs. Besides, we also expect that it will enable the support system comprising easier capital flow and friendly tax regime that will allow Indian entrepreneurs to build enterprise, use technology and implement innovations quickly and easily."
Mr. Ashish Srivastava, Managing Director of Educulture Noida says, “Innovation is all about making ideas happen. Innovation is to go against the wind and not with it. Encourage Entrepreneurship, Encourage Innovation. We appreciate the campaign.”
Syed Masood, Managing Director of Heritage Institute of Management and Communications says, “A great initiative by our Prime Minister for boosting up the capabilities of young entrepreneurs as well as increasing the opportunities of employment for young talent. This will also help India in becoming the startup capital of the world.”
Date:
Saturday, January 16, 2016
