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 conferences. “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 201314, 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.
This story is from the January 16, 2022 edition of Millennium Post Delhi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the January 16, 2022 edition of Millennium Post Delhi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Cong's inheritance tax will hit middle, aspirational classes: FM
If Congress comes to power, organised loot and legalised blunder’ will be seen in action, she said in a post on X
Pant shines as DC survives late scare to steal 4-run win against GT
Rishabh Pant virtually sealed his spot as India's first choice wicketkeeper for the T20 World Cup with a belligerent unbeaten halfcentury in Delhi Capitals' narrow four-run win over Gujarat Titans in the Indian Premier League here on Wednesday.
REITs & InvITs mobilise ₹1.3L cr in 4 yrs: RBI data
‘India has been a late adopter of REITs InvITs,’ said an article on State of Economy’ published in RBI’s Bulletin
Himachal CM Sukhu pledges action following attack on college student in Palampur
In the election time, a brutal and shocking attack on a college going girl at Palampur bus stand in full public view has brought the ruling Congress and the BJP in direct conflict even as victims continue to struggle, and also show signs of improvement at PGI Chandigarh.
Supreme Court stays construction of four dams inside Kalesar Wildlife Sanctuary
Court emphasizes dams’ detrimental impact on wildlife and ecosystem and questions the necessity of their construction
Bullet train completion date hinges on pending tenders, says Railways
The Indian Railways is unable to assess the completion date of the country's first bullet train project because all work tenders have not been awarded yet.
Election a ritual in remote Tripura village with no motorable road and electricity
The main problem of the village, which is located around 62 km away from Ambassa, the district headquarters of Dhalai is connectivity
PM waived off loans worth Rs 16 lakh crore of his billionaire friends: Rahul
Congress leader Rahul Gandhi on Wednesday accused Prime Minister Narendra Modi of waiving off loans worth Rs 16 lakh crore of his billionaire friends, and said the country will never forgive him for this \"crime\".
INDIA bloc considering one year, one PM formula: PM
Prime Minister Narendra Modi on Wednesday said the opposition INDIA bloc is contemplating \"one year, one PM\" formula to resolve their leadership issue and added the world will ridicule such an arrangement in the largest democracy.
Akhilesh to contest from Kannauj
Yet again Samajwadi Party has made a change in the candidate’s list for the Lok Sabha elections
