Prime Minister Narendra Modi has coined a new slogan ‘Startup India, stand up India’ during his Independence Day speech today.

“We are looking at systems for enabling startups. We must be Number 1 in startups. ‘Startup India’ & ‘Stand up India” Narendra Modi said.

Narendra Modi, through this slogan indicated towards initiating a mechanism whereby the unemployed youth of backward regions could turn them into job creators rather than job seekers.

He said that there is need to give youth opportunities to grow and be industrialists and entrepreneurs. “We want a startup network to be established in India.”

In addition to the systems to facilitate startups, Modi said that loans would also be given to help people in their startups.

“We assure you that there would be no district or block in the nation where startups are not provided. I will take this scheme to my tribal brothers. Every bank should ensure that its every branch must give loan for start ups to atleast one Dalit or tribal,” Modi Said.

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