PM Narendra Modi launches Start-up India movement to boost entrepreneurship,



PM Narendra Modi launches Start-up India movement to boost entrepreneurship,

New Delhi: Prime Minister Narendra Modi on Saturday launched the 'Start-Up India' movement by unveiling the action plan aimed at boosting entrepreneurship at the grassroots level.

 KEY HIGHLIGHTS

Launching the event PM Narendra Modi says:

-Credit guarantee scheme will be introduced for start-ups in next 4 years,funds of around 500 crores will be given every year.

-No inspection for 3 years of start-up businesses in respect of labour, environment law compliance post self-certification.

-Start-ups will be exempted from paying income tax on their income for the first 3 years.

-We are starting the Atal Innovation Mission to give an impetus to innovation and encourage the talent among our people.

-India's future is in innovation and creativity.

-Yes, we have a million problems but at the same time we have over a billion minds.

-When I say start up India, it is implicit that I say stand up India. India is blessed to be a nation of youngsters.

-Technology is impacting the health sector but the question for us is how to make it affordable.

-Quality education is important & it is very crucial to take this quality education to poorest of the poor.

-Start up does not mean billion dollar company where thousands of people work. It is about employing even 5 people & developing India.

-When we say Make in India we also say 'Make for India.' India is a great market.

-This start up movement is not merely guided by money or name & fame. The purpose is beyond that.

-Share your stories with me on the 'Narendra Modi Mobile App'.