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PM interacts with Startups

FWM by FWM
January 17, 2022
in National
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PM interacting with the Startups, through video conferencing, in New Delhi on January 15, 2022.

PM interacting with the Startups, through video conferencing, in New Delhi on January 15, 2022.

Startups makes presentations before PM on six themes
“It has been decided to celebrate January 16 as National Start-up Day to take the Startup culture to the far flung areas of the country”
“Three aspects of government efforts: first, to liberate entrepreneurship, innovation from the web of government processes, and bureaucratic silos, second, creating an institutional mechanism to promote innovation; third, handholding of young innovators and young enterprises”
“Our Start-ups are changing the rules of the game. That’s why I believe Start-ups are going to be the backbone of new India.”
“Last year, 42 unicorns came up in the country. These companies worth thousands of crores of rupees are the hallmark of self-reliant and self-confident India”
“Today India is rapidly moving towards hitting the century of the unicorns. I believe the golden era of India’s start-ups is starting now”
“Don’t just keep your dreams local, make them global. Remember this mantr

15 JAN 2022 PIB Delhi
The Prime Minister, Narendra Modi interacted with Startups today via video conferencing. The Startups gave presentations to the Prime Minister on six themes viz. Growing from Roots; Nudging the DNA; From Local to Global; Technology of Future; Building Champions in Manufacturing; and Sustainable Development. More than 150 startups were divided into six working groups for the purpose of these presentations. For each theme, there were presentations by twoa Startup representatives, who spoke on behalf of all the startups selected for that particular theme.

During their presentation, the startup representatives thanked the Prime Minister for the opportunity to provide such a platform to share their ideas, and praised his vision and support to the startup ecosystem. They shared ideas and inputs on a variety of sectors and areas including robust data collection mechanism in agriculture; making India preferred agri business hub; boosting healthcare through use of technology; tackling issue of mental health; promoting travel and tourism through innovations like virtual tours; ed-tech and job identification; space sector; connecting offline retail market with digital commerce; increasing manufacturing efficiency; defence exports; promoting green sustainable products and sustainable means of transport, among others.

Union Ministers  Piyush Goyal, Dr Mansukh Mandaviya, Ashwini Vaisnaw,  Sarbananda Sonowal,  Parshottam Rupala, G. Kishan Reddy,  Pashupati Kumar Paras, Dr Jitendra Singh,  Som Parkash were among those present on the occasion.

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Speaking after the presentations, the Prime Minister said that organization of this Start Up India Innovation week is all the more important in this year of Azadi Ka Amrit Mahotsav as the role of the Start Ups will be critical when Indian freedom reaches its centenary year. “I congratulate all the start-ups of the country, all the innovative youth, who are raising the flag of India in the world of start-ups. For this culture of start-ups to reach the far-flung parts of the country, it has been decided to celebrate January 16 as National Start-up Day”, the Prime Minister announced.

Recalling the concept of the current decade as the ‘techade’ of India, the Prime Minister listed three important aspects of the massive changes that the government is making in this decade to strengthen the innovation, entrepreneurship and start-up ecosystem. First, to liberate entrepreneurship and innovation from the web of government processes, bureaucratic silos. Second, creating an institutional mechanism to promote innovation. And third, handholding of young innovators and young enterprises. He listed programmes like Startup India and Standup India as part of the efforts. Measures like removing problems of ‘angel tax’, simplification of tax procedure, arranging for government funding, allowing self certification of 9 labour and 3 environment laws and removal of more than 25 thousand compliances have taken the process further. Startup runway on the Government e-Marketplace (GeM) platform is facilitating the provision of startup services to the government.

The Prime Minister said the Government’s effort is to institutionalize innovation in the country by creating attraction for innovation among students since childhood. More than 9000 Atal Tinkering Labs are giving children a chance to innovate in schools and work on new ideas. He added that whether it is new drone rules, or new space policy, the priority of the government is to provide opportunities for innovation to as many youth as possible. Our government has simplified the rules related to IPR registration too, he added.

The Prime Minister noted the exponential rise in the indicators of innovation. He said that in the year 2013-14, 4000 patents were approved, last year, more than 28 thousand patents were granted. In the year 2013-14, where about 70000 trademarks were registered, in 2020-21 more than 2.5 lakh trademarks have been registered. In the year 2013-14, where only 4000 copyrights were granted, last year their number has crossed 16000. The Prime Minister pointed out that India’s campaign for innovation has resulted in improvement of India’s ranking in Global innovation index where India stood at 81 rank but now India stands at 46 rank in the index.

Modi informed that startups of India are working with 55 separate industries and the number of startups has increased from less than 500 five years ago to more than 60 thousand today. The Prime Minister said “Our Start-ups are changing the rules of the game. That’s why I believe Start-ups are going to be the backbone of new India.” The Prime Minister noted that last year, 42 unicorns came up in the country. These companies worth thousands of crores of rupees are the hallmark of self-reliant and self-confident India. “Today India is rapidly moving towards hitting the century of the unicorns. I believe the golden era of India’s start-ups is starting now”, he added.

The Prime Minister underlined the role of empowerment by entrepreneurship in addressing the problems of development and regional-gender disparities. He mentioned that today, there is at least one startup in each of the 625 districts of the country and more than half of the startups are from tier 2 and tier 3 cities. These are converting ideas from ordinary poor families into businesses and lakhs of young Indians are getting employment.

Narendra Modi singled out India’s diversity as a key strength and keystone of India’s global identity. He said that Indian unicorns and startups are the messenger of this diversity. The Prime Minister said start-ups from India can easily reach other countries of the world. So “don’t just keep your dreams local, make them global. Remember this mantra- let’s Innovate for India, innovate from India”, he exhorted the innovators.

The Prime Minister suggested many areas where the startup ecosystem can play a major role. He said that extra space on the PM GatiShakti National Master Plan can be used for EV charging infrastructure. Similarly, areas like defence manufacturing, chip manufacturing offer many possibilities. He dwelled on the drone sector and said that many investors have been investing in drone startups after the new drone policy. Army, Navy and Air Force have given 500 crore rupee worth orders to drone startups. In urban planning, the Prime Minister touched upon ‘walk to work concepts’, integrated industrial estates and smart mobility as potential areas.

The Prime Minister remarked that the millennials today are the cornerstone of both the prosperity of their families and the self-reliance of the nation. ‘From rural economy to Industry 4.0, both our needs and our potential are limitless. Investment on research and development related to future technology is the priority of the government today”, he said.

Referring to the future prospects, the Prime Minister said that as of now only half of our population is online, therefore future possibilities are immense and he appealed to the start- ups to move towards villages also. “Whether it is mobile internet, broadband connectivity or physical connectivity, aspirations of villages are rising and rural and semi-urban areas are waiting for a new wave of expansion”, he said.

The Prime Minister told the startups that this is a new era of innovation i.e. ideas, industry and investment and their labor, enterprise, wealth creation and job creation should be for India. “I am standing with you, the government is with you and the entire country is standing with you”, he concluded.

 

46 Startups announced winners of the National Startup Awards 2021 along with 1 incubator and 1 accelerator
“Startup India is about realising millions of dreams”: Piyush Goyal
Startup Mission is a symbol of Self-Reliant & Self-Confident India, says Goyal
hri Goyal addresses the National Startup Awards 2021 ceremony
“Prime Minister Narendra Modi is a very firm believer in the potential of Startups to nation-building during the Amritkaal, the next 25 years to India’s centenary of Freedom”: Goyal

: 15 JAN 2022 6:52PM  PIB DELHI

“Startup India is about realising millions of dreams,” said Shri Piyush Goyal today. Presenting the National Startup Awards 2021, the Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, he said the Startup Mission is a symbol of Self-Reliant & Self-Confident India.

“Be it a fisherman’s son from Chennai or a boatman’s daughter from Kashmir, they all want to bring prosperity to their families and to  their people, and therefore are thinking bigger and bolder,” said Goyal.

Goyal said, realising the contribution of Startups towards nation-building, the Prime Minister Narendra Modi today announced that January 16 will be celebrated as National Start-up Day, to take the Startup culture to the far flung areas of the country.

“Prime Minister Modi is a very firm believer in potential of Startups to contribute significantly to the growth of the nation during the Amritkaal, the next 25 years. He recognises Innovation to be the strongest pillar in making India ‘Aatmanirbhar’,” said Shri Goyal.

Goyal said the PM has focused on three sutras (pillars) to strengthen innovation:

  • Liberating entrepreneurs from the web of Govt processes & bureaucratic silos, – over 25,000 compliances reduced, decriminalization of laws, etc, but what more can be done to help businesses grow & prosper in an easier environment?
  • Building institutional mechanisms, – strengthen regulatory processes and self-regulation, &
  • Handholding young innovators & new enterprises, – mentoring will define Innovation in the future

Goyal called upon the Startups to focus mainly on five areas to make India the No. 1 Startup ecosystem in the world:

  1. Develop solutions & content in Indic languages
  2. Encourage products & solutions that have a larger social & economic impact
  3. Promoting Startups in every district across the country, – Establish ‘Startup Access centers’ in every district
  4. Creating Innovation zones at the level of Urban Local Bodies, &
  5. Adopt best practices from across the globe & enhance India’s global competitiveness

Quoting PM Modi, Goyal said, “Today India is rapidly moving towards hitting the century of unicorns. I believe the golden era of India’s start-ups is starting now…”

“Government is standing with our innovators and so is the entire country…Let’s Innovate for India, innovate from India!” he said.

Speaking on the occasion, DPIIT Secretary Anurag Jain said the Department will handhold the Startup Award finalists across seven tracks i.e. Investor Connect, Mentorship, Government Connect, Capacity Development, Corporate Connect, Brand Showcase and Unicorn Engagement.

“Our journey together doesn’t end here with just awards, we will walk step by step with you in this journey,” he said.

During the ceremony, the Results of the National Startup Awards (NSA) 2021 were declared. A total of 46 Startups have been recognized as winners of National Startup Awards 2021 along with 1 incubator and 1 accelerator.

The second edition of the awards invited applications across 15 sectors and 49 sub-sectors. The sectors included Agriculture, Animal Husbandry, Drinking Water, Education & Skill Development, Energy, Enterprise Technology, Environment, Fintech, Food Processing, Health & Wellness, Industry 4.0, Security, Space and Transport and Travel. Six special categories were also introduced to recognize exceptional Startups contributing to the good of the society. The 2021 edition of the awards also recognized exceptional Startups innovating solutions to promote Indic languages and to compliment national efforts to combat COVID-19 pandemic.

A total of 2177 applications were received from Startups across the 49 sub-sectors along with applications from 53 incubators and 6 accelerators for the ecosystem enablers categories. These applicants included 863 Women-led, 414 innovations for combatting COVID-19 and 253 Startups working in rural areas.

All applicants were evaluated against six broad parameters namely Innovation, Scalability, Economic Impact, Social Impact, Environmental Impact, and Inclusiveness and Diversity.

After three rounds of detailed evaluation, 175 Startups were selected for presentation before the jury which made presentations before the 16 specialist jury panels, which comprised of domain experts from industry, investors and government.

The recognised entities will benefit from such recognition, not only in terms of being able to attract more business, financing, partnerships and talent, but also enable them to serve as role models for other entities, and to inspire them to be purposeful and responsible about their socio-economic impact.

53 applications were received from incubators and 6 applications were received from Accelerators. Select incubators and accelerators were selected after three rounds of evaluation for presentation before Jury Panel which gave presentations before the Jury.

The felicitation ceremony was accompanied by the release of an e-Report on National Startup Awards 2021 highlighting the year-round handholding support provided to the finalists of first edition of National Startup Awards and the journey of NSA 2021.

The ‘Blockchain-enabled verification for DPIIT tax incentive certificates’, ‘Digilocker enabled DPIIT Startup recognition certificate’ and second edition of the ‘Startup Champions’ programme on Doordarshan were also launched during the event.

The Department for Promotion of Industry and Internal Trade (DPIIT) conceived the National Startup Awards to recognize and reward outstanding Startups and ecosystem enablers that are building innovative products or solutions and scalable enterprises, with high potential of employment generation or wealth creation, demonstrating measurable social impact. The measure of success is not only the financial gains for the investors, but also the contribution to social good.

Please click here for:

  1. List of winners of the National Startup Awards, 2021
  2. Detailed Presentation on the National Startup Awardees, 2021

 

Tags: agricultureAnimal HusbandryDrinking WaterEducation & Skill DevelopmentEnergyEnterprise TechnologyEnvironmentFinTechFood ProcessingHealth & WellnessIndustry 4.0National Startup Awards 2021 ceremonySecuritySpace and Transport and TravelThe Department for Promotion of Industry and Internal Trade (DPIIT)
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