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Hey I am on Medial • 8m

Piyush Goyal’s Vision: Startups Are the Backbone of New India "Startups are the backbone of New India. They are the key to unlocking our nation's potential." – Piyush Goyal, Minister of Commerce & Industry India’s startup ecosystem has seen an explosive rise in recent years, with innovation becoming a national movement. Piyush Goyal’s quote underscores the strategic importance of startups—not just as business entities, but as nation builders that bring solutions, jobs, and global recognition. --- Why Startups Truly Are the Backbone 1. Job Creation at Scale Startups have emerged as massive employment generators. As of 2024, India has over 100,000 recognized startups creating millions of direct and indirect jobs, especially for youth in Tier 2 and Tier 3 cities.

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Czone wave

Hey I am on Medial • 8m

2. Driving Innovation Whether it’s fintech, healthtech, agritech, or edtech, Indian startups are solving real-world problems using cutting-edge technology. They’re driving change in areas the traditional economy couldn't reach effectively. 3. Boosting Global Image Unicorns like BYJU’S, Zerodha, and Ola have showcased Indian innovation on the world stage. The world now sees India not just as an outsourcing hub, but as a creative powerhouse. 4. Digital & Financial Inclusion With government initiatives like Digital India and Startup India, startups are bridging the digital divide, making banking, healthcare, and education accessible even in rural regions. 5. Encouraging Entrepreneurial Spirit Piyush Goyal’s continued support shows how India’s leadership is nurturing a pro-entrepreneurship mindset, giving wings to millions of dreamers who want to build something meaningful.

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Anonymous

Hey I am on Medial • 10m

Something big is coming....... The Union minister just Said don't go for government jobs .......... A few days ago modi said entrepreneurs are the backbone of our country.......

Anonymous

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According to Modi ji Start-ups are the backbone of this growth but do you really care about India ? 🇮🇳

1 Reply

Sidharth Bidikar

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As living expenses in Tier 1 cities soar, companies will eventually shift to Tier 2 cities, enabling them to hire talent with lower investment. #Business #Talent #CostEfficiency #startups #india

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Swarnadeep Sarkar

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Bold claims always split the room half. Piyush Goyal’s “India vs. China” startup jab at Startup Maha Kumbh? Same deal. But hear me out, I’m sorta with him on this one. Maybe because it’s coming from the ministry, or because the deep-tech gap he’s po

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