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PM launches Start-up India movement

By Niranjan Mudholkar,

Added 17 January 2016

A dedicated Start-up fund worth Rs. 10,000 crore will be created for funding of Start-ups.

Prime Minister Narendra Modi has launched the Start-up India initiative in New Delhi. The launch by the Prime Minister was preceded by a day-long workshop on various aspects of entrepreneurship.

The Prime Minister visited a virtual exhibition and interacted with Start-up entrepreneurs. 10 outstanding Start-up innovators shared their thoughts and experiences before the Prime Minister delivered his address. He said that when he had launched the Start-up India Initiative on 15th August, the announcement had virtually gone unnoticed, but today it had registered with people.

He said successful start-ups are usually created by those who are driven by an idea, or an urge to solve a problem that people face. He said making money is not the primary objective, but is often a by-product. He said Start-up innovators are often driven by a sense of compassion for others.

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