Essay on Start-up India
Answers
Answer:
India is a country of many great legends who were famous all over the world because of their works, sharp mind and high skill. However, our country is still on the developing track because of the lack of some solid support and ways to work in right direction. Youths in India are very talented, highly skilled and full of innovative ideas. This scheme is a big help to them to go in right direction using their new and innovative ideas.
What is Startup India Standup India Campaign
A new campaign named as Startup India, Standup India was announced by the Prime Minister Narendra Modi during his speech on Independence Day 2015. This is an effective scheme launched on 16th of January 2016 by the Modi government to help youths of the country. This is an initiative by the Indian PM to give opportunities to the youths to become industrialists and entrepreneurs which need the establishment of a startup network. Startups means youths of the country will be supported through finance from banks to strengthen those startups better so that they can create more employment in India.
This programme is a big start to enable startups through financial support so that they can use their innovative ideas in right direction. PM has also requested to all the banks to support at least one dalit and one woman entrepreneur. This scheme will motivate and promote new comers towards business and grow their career and economy of the country.
Action Plan of Startup India Standup India Scheme
A complete action plan of this scheme was launched on 16th January 2016. This scheme will boost entrepreneurship in the country at grassroots level ensuring youth benefits from the lowest strata of society. Youths have fresh mind, new ways, and new thinking so they are better to support as startups. Various IITs, NITs, central universities and IIMs of India were connected through the live connectivity during the successful launch of campaign. The main aim of this scheme is to promote bank financing as well as offer incentives for start-up ventures to boost the entrepreneurship and new job creation techniques among them.
Conclusion
This initiative is the necessity to lead India in right direction. The most important point about this campaign is that it involves youths of the country as start-ups as they have fresh mind, innovative ideas, required strength, energy, skill, and new thinking to lead business. Youths are the energetic and highly skilled section of the society so they are better target for this campaign.
Startup India Standup India is a new scheme or a campaign launched by the Prime Minister Narendra Modi on last Independence Day i.e. on 15 August 2015, for the better future of the Indian youths; to encourage start-up’s i.e. the Youths of India, towards entrepreneurship by supporting them through bank financing to create more jobs in India.
This event was inaugurated by the Finance Minister Arun Jaitley. Also there were around 40 top CEOs and startup founders and investors from Silicon Valley as special guests including Masayoshi Son CEO of Softbank, Snapdeal founder Kunal Bahl, OLA founder Bhavish Agarwal, paytm founder Vijay Shekhar Sharma, Travis Kalanick founder of Uber, Adam Neumann CEO of WeWork, BJ Arun CEO of July Systems, Prateek Kr. Bhowmick Co-founder of ReviewAdda, Sachin Bansal Co-founder of Flipkart, Naveen Tewari Co-founder of Inmobi and many others.
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