New Delhi: Prime Minister Narendra Modi on Saturday called for innovating for India and from India to tackle challenges facing the country as he counted steps taken by the government in freeing entrepreneurs and innovation from bureaucratic silos.
“Our startups are changing the rules of the game. I believe that startups are going to be the backbone of New India,” he said interacting with youngsters from the world of startups through video conference. “Let us innovate for India, innovate from India.”
India, he said, has over 60,000 startups with 42 unicorns.
The government is focusing on three aspects — first, to liberate entrepreneurship and innovation from the web of government processes, bureaucratic silos; second, creating an institutional mechanism to promote innovation; and third, handholding of young innovators and young enterprises, he said.
Narrating successes during the recent years, he said 28,000 patents were granted last year as compared to 4,000 patents in 2013-14. Against registration of 70,000 trademarks in 2013-14, 2.5 lakh trademarks have been registered in 2020-21.
Similarly, in the year 2013-14, where only 4,000 copyrights were granted, last year their number has crossed 16,000.
“India’s ranking on the Global Innovation Index is improving because of the programme on innovation started in the country. India was ranked 81 in 2015 and now it is at No. 46,” he said.
Startups are not just bringing innovations but are also evolving as major job creators.
The year 2022 has brought new opportunities and avenues for startups, he said adding January 16 will be celebrated as National Startup Day to help percolate startup culture to the grassroot level.
Modi said easier access to funds as well as making self-certification for compliance of nine labour and three environment laws is helping promote startups. —PTI

Press Trust of India