India has emerged as third-largest startup ecosystem in world: Smriti Irani
In 2014, there were only 720 startups in the country, Irani said.
Union Minister Smriti Irani on Tuesday said India has emerged as the third-largest startup ecosystem in the world with more than 84,400 such businesses operating across 656 districts in the country.
In 2014, there were only 720 startups in the country, Irani said.
She further said the valuation of Indian unicorns stood at USD 332.7 billion.
"Under Prime Minister Narendra Modi's leadership, India has emerged as the third-largest ecosystem of startups with more than 84,400 startups in 656 districts across the country," Irani was quoted as having said in a statement issued by the BJP. The minister said in 2014 when Narendra Modi assumed the charge of prime minister, he had stated that his aim would be to create such atmosphere that the youth should be "job creators rather than job seekers."
"Prime Minister Modi took various measures including Skill India, Start-up India, Stand-up India, Make in India, Digital India and Mudra Yojana to empower the youth," Irani said.
Talking about the economy, she said in the last eight years, India has become the fifth-largest economy in the world.
"In India's economic progress the youth have taken the lead by moving forward under the leadership of Prime Minister Modi. Our prime minister believes that the youth are the backbone of the country. They are the future as well," she said here.
ALSO READ | Five things women must do to be more financially independent - Details
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Retirement Planning: SIP+SWP combination; Rs 15,000 monthly SIP for 25 years and then Rs 1,52,000 monthly income for 30 years
EPF vs SIP vs PPF Calculator: Rs 12,000 monthly investment for 30 years; which can create highest retirement corpus
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
Home loan EMI vs Mutual Fund SIP Calculator: Rs 70 lakh home loan EMI for 20 years or SIP equal to EMI for 10 years; which can be easier route to buy home; know maths
07:12 AM IST