India emerged as second biggest startup hub in world, says PM Modi
- IBEF
- December 29, 2021
Prime Minister Mr. Narendra Modi stated on Tuesday that India has emerged as the world's second-largest startup hub, thanks in large part to students from Indian institutes of technology (IITs).
The Prime Minister, speaking at IIT Kanpur's 54th convocation event, said, “In this 75th year of independence, we have over 75 unicorns, over 50,000 start-ups. Of these, 10,000 have come only in the last 6 months. India has emerged to be the second biggest startup hub in the world, and this feat has been achieved majorly with the help of students from IITs.”
"In the last 7 years, several programmes have been introduced by the Centre to aid students. The youth is being readied to face bigger challenges more efficiently with the help of National Education Policy," said PM Modi.
He went on to say that everyone should fight towards Atmanirbhar Bharat with zeal. He went on to say that if we are not self-sufficient, how will India succeed and reach new heights? And only the youth of this country are capable of accomplishing this.
“This century is completely technology-driven. Students have invested the most important years of their lives in learning about technology. And this will make it impossible for any other force to stop you from excelling,” said the Prime Minister.
All of the students received digital degrees at the convocation, thanks to an in-house blockchain-driven technology built at the Institute as part of the National Blockchain Project.
The Prime Minister also announced the establishment of digital degrees based on blockchain technology. These digital degrees are unforgeable and can be confirmed globally.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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