Today in Delhi, Prime Minister Narendra Modi addresses at Startup India at Vigyan Bhawan and emphasised on Standup India Startup India
Start-ups will be exempted from paying income tax for the first 3 years.
* No inspection for 3 years of start-up businesses in respect of labour, environment law compliance post self-certification
* This Startup India movement is not just guided by money or fame.
* The kind of innovative India we are witnessing today is one of a kind. Reasonable vaccines which reaches maximum countries today are developed by Indian scientists.
* We need to bring in a psychological change in mindset of youths from that of a job-seeker to that of a job-creator.
* When we say ‘Make in India’ we also say ‘Make for India.’ India is a great market.
* Start up does not mean a billion dollar company where thousands work. It is about employing even 5 people & developing India.
* When I say Startup India, I also mean to say stand up India. India is blessed to be a nation of youngsters.
* We are moving forward to give opportunities to new ideas in India but quality shouldn’t be compromised.
* When I was listening to Ritesh (Founder, Oyo Rooms) I wondered why a ‘chai wala’ did not think of starting a hotel chain.
* Sometimes I wish God had given me capabilities like you people (startup entrepreneurs) have.
* In the beginning when someone would have shared their plan to start a start up, people around them would have discouraged them. There are many ideas, but some leave the idea halfway while others get very involved in the idea. But today when those people have become successful, everyone has started thinking about ways to start their own start ups.
* Success of entrepreneurs depends on their ability to take risk. People who have achieved success today are not just entrepreneurs but are adventurous as well. Uber kuber ban gaya…
* No matter what Narendra Modi can or cannot do, the youth of the country can, is what I am sure of.
