PM Modi to launch startup India movement

The Prime Minister Narendra Modi is planning a big-bang announcement detailing exactly how the Start-Up India, Stand-Up India initiative will unfold on January 16.

Department of Industrial Policy and Promotion Secretary  Amitabh Kant said, "The Prime Minister will be launching the Startup India movement on January 16 in New Delhi; we are inviting all the startups from Bengaluru to participate in this."

Kant said, “there is a huge energy, vitality and dynamism among start-ups in India and we need to carry this forward from digital startups to manufacturing startups, to startups in agriculture and social innovation areas, and from tier one to tier two and three cities."

Talking about the details of the event, he said, "On that day we will link up all the IITs, IIMs, NITs and central universities for viewing of the startup India discussions from morning to evening."

He also assured to provide a major impetus to the sector.