India leading the world in field of start-ups: PM

NEW DELHI: Asserting that this is an era of start-ups, Prime Minister Narendra Modi on Sunday said India is leading the world with more than 70 start-ups having crossed the valuation of $1 billion.

In his monthly Mann Ki Baat broadcast, Modi also said that he wants to be in service of people and not be “in power”. “I am not in power even today and I don’t want to be in power in future also. I only want to be in service; for me this post, this prime ministership, all these things are not at all for power, they are for service,” he said when an Ayushman Bharat beneficiary wished him to remain in power.

“With the efforts of the government, with the schemes of the government, the way a life changed... what is the experience of that changed life? When we hear this, we too are filled with empathy. It also gives satisfaction to the mind and gives inspiration too to take that scheme to the people,” he said. Modi also cautioned people that coronavirus has not gone yet and “it is the responsibility of all of us to take precautions”.

Modi said that in any country having a large population of youth, three things — ideas and innovation, passion to take risks and the ‘can do’ spirit — matter a lot. When these three things come together, unprecedented results are achieved and miracles happen, he said.

“These days we hear all around us, start-up, start-up, start-up. It is true that this is the era of startups and it is also true that in the field of start-ups, in a way, India is leading the world,” Modi said.

He noted that year after year start-ups are getting record investments and this sector is growing at a fast pace.

It is the responsibility of all of us to take precautions against COVID, which has not gone yet — Narendra Modi,

Prime Minister