Prime Minister Narendra Modi participated in the ‘Startup Mahakumbh’ organized at Bharat Mandapam today i.e. on 20th March. During this, the PM saw the products and innovation exhibition organized by the startup. Addressing the program, PM Modi said that India is the third largest startup market in the world, which is being led by the youth of our country. We are now in a new era involving AI technology. Modi said, ‘I take a lot of help from AI, when there is a language problem in the election campaign, then I take the help of AI to convey my message to the people in every language.’ More than 2000 startups taking part in Startup Mahakumbh Startup Mahakumbh is India’s largest startup event and the first of its kind. In this, more than 2000 startups, more than 1000 investors, more than 100 unicorns, more than 300 incubators and accelerators from across the country are participating with their ideas. In addition, more than 3000 conference delegates, delegations from more than 10 countries, more than 3000 future entrepreneurs and more than 50,000 commercial visitors have participated. Key points of PM Modi’s address at Startup Mahakumbh… Zerodha and Zomato also participated. Zerodha and National Bank for Agriculture and Rural Development (NABARD) along with Bihar, Rajasthan, Meghalaya, Karnataka and Kerala were involved in organizing this event at Bharat Mandapam. Are. The program is being organized by Small Industries Development Bank of India (SIDBI), Zomato and Export Credit Guarantee Corporation of India (ECGC). Uttar Pradesh state is the partner state for this event in Startup Mahakumbh. PM Modi watching the product exhibition at Startup Mahakumbh What are startups? Startup is an entity that innovates, develops, deploys or commercializes a new product or service through technology or intelligence. In terms of business, an entity which is not registered in India for more than five years and whose annual turnover does not exceed ₹25 crore in any financial year. Startup India is a major initiative of the Government of India. It was started by PM Modi in 2015. Its objective is to develop a strong ecosystem for startups and new ideas in the country. Through this, the government wants to generate economic development of the country and employment opportunities on a large scale.
