How PM Modi's Initiative "startup India standup India" can help create new jobs

The bureaucratic turn around that India witnessed has changed a lot of aspects in the social and economic outlook of the Indian youth. Initially the “Make in India” concept gave a very strong boost to the manufacturing segment of the country thereby creating a lot of job opportunities for the skilled and semi skilled labor across the country. It also gave a push to the small and cottage industries in India thereby creating employment opportunities at a rural level.

This Independence Day our honorable Prime Minister Mr Narendra Modi announced a new initiative “Start up India Stand up India”. This reform can bring a revolution in the Indian economy as it would not only engage the youth with number of employment opportunities but also help new entrepreneurs come up and evolve with innovative ideas.

This initiative will pave a way to promote bank financing for start-ups and offer incentives to boost entrepreneurship and job creation. Banks will be on the front foot as easy loan options would encourage and inspire the talented youth financially to come up and establish themselves with innovative ideas thereby creating room for employment in the country and also contributing to the GDP of the country. With this, the flow of liquid money would increase in the Indian economy boosting up the standard of living and pushing the poverty ratio below the line.

Encouraging banks to provide easy loan facilities to the tribal or Dalit would not only help them create job opportunities for their area but would also work towards upliftment of their tribe intern affecting the development of the country.

When more entrepreneurs would enter the market, it could boost the in-house manufacturing of various products and make India a self sufficient nation with minimum import requirements. The youth of India is very dynamic and full of innovative ideas. Once given  financial support they would be able to establish themselves not only in the Indian market but also internationally at all levels. Creating more job opportunities would mean addition to the GDP of the economy thereby enhancing the economic growth. Making people self sufficient by giving them jobs would also help them become financially stable enough to plan a secured future for their children by giving them education and other basic amenities.

A country with maximum employed workforce and educated children would be on its way to become an economically stable country. Employment opportunities would also change the outlook of the rural youth and with the number of opportunities budding up in the Indian job market they would get ample choices to stay employed and live a financially secured life. Also, when the majority of the rural population will get employed by these new entrepreneurs there are chances that with time child labor would also perish as there would be absolutely no requirement for these children to go out and work for bread and butter when the elders in their family would be employed.

The bureaucratic turn around that India witnessed has changed a lot of aspects in the social and economic outlook of the Indian youth. Initially the “Make in India” concept gave a very strong boost to the manufacturing segment of the country thereby creating a lot of job opportunities for the skilled and semi skilled labor across the country. It also gave a push to the small and cottage industries in India thereby creating employment opportunities at a rural level.

This Independence Day our honorable Prime Minister Mr Narendra Modi announced a new initiative “Start up India Stand up India”. This reform can bring a revolution in the Indian economy as it would not only engage the youth with number of employment opportunities but also help new entrepreneurs come up and evolve with innovative ideas.

This initiative will pave a way to promote bank financing for start-ups and offer incentives to boost entrepreneurship and job creation. Banks will be on the front foot as easy loan options would encourage and inspire the talented youth financially to come up and establish themselves with innovative ideas thereby creating room for employment in the country and also contributing to the GDP of the country. With this, the flow of liquid money would increase in the Indian economy boosting up the standard of living and pushing the poverty ratio below the line.

Encouraging banks to provide easy loan facilities to the tribal or Dalit would not only help them create job opportunities for their area but would also work towards upliftment of their tribe intern affecting the development of the country.  

When more entrepreneurs would enter the market, it could boost the in-house manufacturing of various products and make India a self sufficient nation with minimum import requirements. The youth of India is very dynamic and full of innovative ideas. Once given  financial support they would be able to establish themselves not only in the Indian market but also internationally at all levels. Creating more job opportunities would mean addition to the GDP of the economy thereby enhancing the economic growth. Making people self sufficient by giving them jobs would also help them become financially stable enough to plan a secured future for their children by giving them education and other basic amenities.

A country with maximum employed workforce and educated children would be on its way to become an economically stable country. Employment opportunities would also change the outlook of the rural youth and with the number of opportunities budding up in the Indian job market they would get ample choices to stay employed and live a financially secured life. Also, when the majority of the rural population will get employed by these new entrepreneurs there are chances that with time child labor would also perish as there would be absolutely no requirement for these children to go out and work for bread and butter when the elders in their family would be employed.

In-house manufacturing units, fully employed workforce and educated children would change the face of the nation completely. So, Start up India Stand Up India is one initiative that would be a turning point in the growth of India as a nation and would guide it towards excellence and growth.