Time For ‘Startup India 2.0’: Can PM Narendra Modi’s Startup Policy For India Come of Age?

Time For ‘Startup India 2.0’: Can PM Narendra Modi’s Startup Policy For India Come of Age?

SUMMARY

Startup India has been one of the most successful initiatives by the Modi government

The government is yet to finalise the next phase of a corpus of INR 1,000 Cr to support tech startups

Prime Minister Narendra Modi celebrates his 69th birthday today

With a sweeping majority in this year’s General Elections, the BJP party led by Narendra Modi cemented its place in history. But when it comes to the Indian economy, the second term of the Modi government — branded Modi 2.0 by many — will be a defining period. And Prime Minister Narendra Modi’s 69th birthday (September 17) is as good a time as any to bring to light how far startups have come under the Modi government’s reign, but it’s also an opportunity to look at what more needs to be done.

As India is in the grips of an economic slowdown, many industries are in flux or in transition mode as they look to capitalise on technology. And with Modi 2.0, many entrepreneurs are hoping and eagerly awaiting the next iteration of Startup India or “Startup India 2.0”.

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