INNOVATE, ELEVATE – THE STARTUP PROGRAMME SCHEME BY GOVT OF INDIA

It takes something more than intelligence to act intelligent, but in India, this intelligence of a start-up was not going in the correct direction. For this, a programme was launched by the government of India to guide young budding entrepreneurs. This great initiative was taken by our Prime Minster, Mr Narendra Modi on 15th August 2015 and was launched on 16th August 2015.

• AIM OF STARTUP INDIA LEARNING PROGRAMME

This Start-up India Programme aims to provide loans to Entrepreneurs and guide them towards their goals by creating better employment opportunities in India. It is a program started to eliminate the unemployment of India.

From Aryabhatt to our young scientists, everyone hustles in their life to reach a certain level, but the entrepreneurs have to build their Start-ups and work on their own to make them popular. For this, the government of India is providing loans and resources that will allow them to fulfil their dreams of becoming a great industrialist.

It means that banks will offer finances to these youth to create better employment opportunities in the country.

Within a few years, India grew a lot in the field of entrepreneurship. It is due to the vast commercial potential for start-ups. India is quoted as “the poster child of Emerging Global Markets”

• THE PROBLEM OF TODAY’S YOUTH

We all know, India has no growth without innovations and new opportunities. However, India has many emerging entrepreneurs, but the main problem is that they are not directed in a proper direction, with the help of various industrialists, the budding entrepreneurs are guided. Such initiatives are warmly welcomed as they are very necessary to enhance economic growth, betterment of people’s lives and make India a developed country.

Start-up means youths of the country who can stand up to India but need some help from the government. This programme is extremely beneficial for all the great start-ups to look so far to lead India ahead.

• MOTIVE

This programme is a big start to enable start-ups through financial support so that they can use their innovative ideas in the right direction. Our honourable Prime Minister has also requested all the banks to support at least one Dalit and one-woman entrepreneur. This initiative seeks the participation of almost all the major higher educational institutions in India through online connectivity to be successful. This programme may make India the start-up capital of entire world.

The most important point about this campaign is that it involves youths of the country as start-ups as they have fresh minds, innovative ideas, required strength, energy, skill, and new thinking to lead business. Youths are the most energetic and highly skilled section of society so they are a better target for this campaign.

The scheme aims to impact the start-up culture of the nation by providing a variety of programmes for budding entrepreneurs.