G20 summit Narendra Modi 23

 

G20 summit How it happened

   India’s startup ecosystem is the third largest in the world, following the United States and China. This startup ecosystem has the potential to contribute 4-5% to the GDP of the country. During its G20 Presidency, India has established the first Startup20 engagement group.

Prime Minister of India Mr Narendra Modi has spotlighted India’s startup ecosystem and the youth’s role in the fourth industrial revolution. The Indian government has proposed numerous initiatives for young professionals in the technology industry, including the Startup India seed fund, Atal innovation mission, Skill India, software technology parks, and nextgen

 IEDC (Innovation and Entrepreneurship Development Centres). Indian  youth’s high rate of literacy and internet usage at this age will facilitate their acquisition of new skills as it  encourages creative thinking and entrepreneurial risk-taking. As a result of these initiatives, youth have gained a new sense of confidence to pursue their entrepreneurial aspirations.