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National Startup Day validates role of startups in growth of economy
Zee News
The acknowledgment is a big morale booster for entrepreneurs - the new job creators of the country, he added.
New Delhi: National Startup Day is a validation of the role of startups in the growth of the country's GDP and strengthening India's position at a global stage, and will encourage young talent to see entrepreneurship as a primary career option, according to industry experts.
On Saturday, Prime Minister Narendra Modi announced that the country will celebrate January 16 as National Startup Day, as he termed startups the "backbone" of new India and the engine that will power the nation's economic growth in the run up to the 100th year of Independence.
"National Startup day is a validation of the role of startups in the growth of country's GDP and strengthening India's position at a global stage. This initiative will not only make startups mainstream but also encourage young talent from seeing entrepreneurship as a primary career option," Varun Saxena, founder and CEO of short video platform Bolo Live, said.