How PM Modi's Initiative "startup India standup India" can help

create new jobs.

The bureaucratic turn around that India witnessed has changed a lot of

aspects in the social and economic outlook of the Indian youth. Initially

the “Make in India” concept gave a very strong boost to the

manufacturing segment of the country thereby creating a lot of job

opportunities for the skilled and semi skilled labor across the country. It

also gave a push to the small and cottage industries in India thereby

creating employment opportunities at a rural level.

This Independence Day our honorable Prime Minister Mr Narendra

Modi announced a new initiative “Start up India Stand up India”. This

reform can bring a revolution in the Indian economy as it would not

only engage the youth with number of employment opportunities but

also help new entrepreneurs come up and evolve with innovative ideas.

This initiative will pave a way to promote bank financing for start-ups

and offer incentives to boost entrepreneurship and job creation. Banks

will be on the front foot as easy loan options would encourage and

inspire the talented youth financially to come up and establish

themselves with innovative ideas thereby creating room for

employment in the country and also contributing to the GDP of the

country. With this, the flow of liquid money would increase in the

Indian economy boosting up the standard of living and pushing the

poverty ratio below the line.

Encouraging banks to provide easy loan facilities to the tribal or Dalit

would not only help them create job opportunities for their area but

would also work towards upliftment of their tribe intern affecting the

development of the country.

When more entrepreneurs would enter the market, it could boost the

in-house manufacturing of various products and make India a self

sufficient nation with minimum import requirements. The youth of

India is very dynamic and full of innovative ideas. Once given financial

support they would be able to establish themselves not only in the

Indian market but also internationally at all levels. Creating more job

opportunities would mean addition to the GDP of the economy thereby

enhancing the economic growth. Making people self sufficient by giving

them jobs would also help them become financially stable enough to

plan a secured future for their children by giving them education and

other basic amenities.

A country with maximum employed workforce and educated children

would be on its way to become an economically stable country.

Employment opportunities would also change the outlook of the rural

youth and with the number of opportunities budding up in the Indian

job market they would get ample choices to stay employed and live a

financially secured life. Also, when the majority of the rural population

will get employed by these new entrepreneurs there are chances that

with time child labor would also perish as there would be absolutely no

requirement for these children to go out and work for bread and butter

when the elders in their family would be employed.

In-house manufacturing units, fully employed workforce and educated

children would change the face of the nation completely. So, Start up

India Stand Up India is one initiative that would be a turning point in

the growth of India as a nation and would guide it towards excellence

and growth.