Prime Minister Launches Rs 1000 crore Fund For Startup In Prarambh
To encourage startups, Prime Minister Narendra Modi has announced a Rs 1000 crore fund at Startup India International Summit: Prarambh. Addressing India as one of the biggest startup ecosystems in the world, the PM said, startup systems should follow the mantra "of the youth, by the youth, for the youth". Besides, he lauded them for being self-reliant during the COVID-19 period when industry leaders suffered to tackle the pandemic.