Narendra Modi unveils ₹1L cr fund to boost youth startups
Business
On Independence Day, PM Modi unveiled a massive ₹1 lakh crore fund to help young people turn their ideas into startups: no more worrying about money holding you back.
"We have created a mechanism with ₹1 lakh crore to strengthen ideas, innovation and capability," he shared from the Red Fort.
Startup India momentum, 1Cr AI training
This move builds on Startup India's momentum, which has already seen over 2.5 lakh startups pop up in the last decade, creating jobs and new opportunities.
Modi also announced free online coaching for competitive exams and a big push to train 1 crore youth in artificial intelligence over the next year.
Plus, there are plans for new semiconductor plants soon and a goal of 100 GW nuclear power by 2047, so there's plenty on the horizon for young innovators.